Reservoir
Chevron and Halliburton describe how they built and deployed the fully autonomous closed-loop fracturing system that enables subsurface-driven optimization.
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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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. -
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.
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Despite tens of thousands of potential candidates and the proven upsides, the unconventional industry has largely overlooked refracturing—possibly due to the way it’s discussed.
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The physical characteristics of heavy oil and the formations in which it is found are often unique to a region or even to a specific asset, so recovery techniques must be tuned, adapted, and sometimes invented for each region. Creative professionals around the world are taking up this challenge and sharing their work with us in a wealth of excellent recent publication…
