Reservoir
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.
A report commissioned by Havtil, the Norwegian Ocean Industry Authority, calls for better dialogue regarding pore-pressure uncertainty and higher-end drilling techniques like managed pressure drilling as methods to reduce the risk of well-control events.
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A type curve is a quick way to answer a critical question—what does a typical well produce over time in a given place? -
Despite a decline in oil and gas production and a decrease in revenue from 2015, an Ernst & Young’s study had a cautiously optimistic outlook as the industry adjusts to what it called “the new normal” of a lower, but stable, oil price.
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PipeFractionalFlow, a spinoff startup from the University of Texas at Austin, uses new theories and equations to make modeling complex multiphase flow more affordable. A model recently developed offers operators an “independent and unbiased” way to validate the system and select candidate wells.
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This well-established oilfield consultancy explains why 2020 might be a big year for the unconventional sector.
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Senior Research Scientist and SPE Distinguished Lecturer Ian Walton uses a semianalytic shale gas production model to show that natural fractures, contrary to the intuitive beliefs of many, do not contribute significantly to production.
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Emerging technologies have helped bring about multilateral, maximum-contact, and smart-completion wells, allowing reservoirs to be developed and produced much more efficiently and economically. In this, formation evaluation plays a critical role.
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The F field in the Middle East currently has more than 40 producing wells in the center of the structure. The uneven well distribution limits the understanding of 3D reservoir characterization, particularly in the flank areas.
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This study focuses on recent experience in Saudi Arabia with crude-oil compositional analyses during pumpout with a wireline formation tester (WFT).
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The resistivity index (RI) of Fontainebleau and Bentheimer sandstones was investigated at ambient and reservoir pressures down to low water saturations. The RI measurements show that both sandstones display Archie behavior at elevated pressure.
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Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.
