Reservoir
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.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
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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.
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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.