Reservoir
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The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
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The Energy & Environmental Research Center in North Dakota outlines the difficulty that the oil and gas industry faces in pinpointing sources of H2S production.
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Oil and gas leaders identified the upcoming US presidential election and economic uncertainty as significant drivers of their decision making for 2025.
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Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…
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A new plan to secure electricity for the powerhouse of Texas oil and gas will cost billions of dollars to achieve.
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New names and new deals continue to reshape the US shale sector.
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This paper presents a novel modeling framework for predicting residual oil saturation in carbonate rocks. The proposed framework uses supervised machine learning models trained on data generated by pore-scale simulations and aims to supplement conventional coreflooding tests or serve as a tool for rapid residual oil saturation evaluation of a reservoir.
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Join us on 17 September for the virtual launch event of the new SPE Integrated Reservoir Management Technical Section.
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One hydraulic fracturing job can stimulate two wells, but economic success hinges on doing it in the right place for the right price.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
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This paper presents a multidisciplinary view of the evolution of a development project for the central area of Sururu and the method applied to address challenges and propose solutions.