Reservoir
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
The multiyear contract with YPF includes electric pumping units and automated stimulation services.
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Matthew Bryant has spent years trying to convince engineers that the API proppant testing standard has significant limitations. And he may well be right.
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The Midland-based service company operates a fleet that is now 65% either dual-fuel or electric-powered.
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The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.
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The index integrates three independent components extracted from static and dynamic parameters: reservoir permeability thickness, movable gas, and reservoir pressure from a historically matched dynamic model.
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If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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Oil production from thin-oil-rim fields can be a challenge considering early gas breakthrough and high gas/oil ratio. This study evaluates the performance of autonomous inflow control valves (in comparison with inflow control devices and sand screens) and their effectiveness in improved oil recovery in such fields.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
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As the biggest US companies grow bigger, the advantage of scale becomes clearer.
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A 44-well development tests what ConocoPhillips has learned about maximizing the value of the wells by figuring out how they drain the reservoir.
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The authors of this paper propose a hybrid approach that combines physics with data-driven approaches for efficient and accurate forecasting of the performance of unconventional wells under codevelopment.