Reservoir
Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
Data mining techniques are unlocking new insights from the performance of thousands of Bakken wells. This article explores how those insights are helping refine completion optimization.
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The transaction will add significant high-quality inventory offset to Permian Resources’ existing core acreage in New Mexico. -
The acquisition of Crestwood Equity Partners extends Energy Transfer’s position deeper into the Williston and Permian basins and provides entry into the Powder River Basin.
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The challenge of sustaining shale production is growing larger.
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This article presents the application of a reinforcement learning control framework based on the Deep Deterministic Policy Gradient. The crack propagation process is simulated in Abaqus, which is integrated with a reinforcement learning environment to control crack propagation in brittle material. The real-world deployment of the proposed control framework is also dis…
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Calgary's Strathcona Resources is adding 35,000 BOE/D in a deal that will boost its total output to 185,000 BOE/D.
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SponsoredThe Wyoming Gas Injection Initiative (WGII) makes available $22 million of matching funds from the State of Wyoming to implement, in close collaboration with oil and gas operators and Dow, multiple field pilot projects in the State of Wyoming. The Initiative will fund projects over a 3- to 5-year period to support developments with significant potential to enhance wel…
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The authors of this paper describe the characterization of fractures in the Mesozoic sandstones of the Phra Wihan Formation exposed at the southern part of Uttaradit Province in Thailand.
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This paper proposes a multidomain approach to tackle petrophysical and geomechanical aspects of a fracture system governing the carbonate layer of an exploration well in Kuwait to assess producibility and qualification for stimulation.
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This paper proposes a data-driven proxy model to effectively forecast the production of horizontal wells with complex fracture networks in shales.
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The trend in fracturing designs has been longer stages with more perforation clusters, which save time and money. But there are a couple of companies testing whether shorter is better for production.
