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 source of gummy, damaging polymer gunk that has flowed from Oklahoma oil wells is becoming clear, and one of the lessons learned is that shale plays require petroleum engineers to learn more about chemistry. -
Before the giant Johan Sverdrup field had produced even one barrel of oil, operator Equinor and its license partners set a recovery ambition of greater than 70% for the field.
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Decline-curve analysis is one of the more widely used forms of data analysis that evaluates well behavior and forecasts production and reserves. This paper presents technologies that apply DCA methods to wells in an unbiased, systematic, intelligent, and automated fashion.
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While the ongoing trends in data science and engineering analytics are going to show more benefits in lowering production costs and increasing efficiencies, the well-established reservoir and production engineering disciplines will continue to be critical for reservoir performance improvements.
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The complete paper discusses optimization of a development plan involving low-salinity water injection.
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The proposed restructuring plan aims to eliminate about $74 million of the company’s debt.
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SponsoredPolymer flooding increases the RF up to 20% at $3 to $6 per extra bbl of oil. It also contributes towards reducing CO2 emission by 3–6 times per bbl. It’s a proven technology with more than 300 projects worldwide. SNF offers modular plug and pump facilities connected to existing infrastructure.
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Based on the early results from mass shut-ins of shale wells, it did not harm long-term production and it paid a short-term dividend with more oil flowing in the days after restarting.
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ExxonMobil is reluctant to join other big oil companies writing down the value of their reserves. It could chop its reserves by 20%, but it has not made a final decision.
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The Pennsylvania-based producer will leave Louisiana where profiting from tight-gas fields has proven difficult and focus on its legacy assets in the Marcellus Shale.
