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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In the complete paper, a novel hybrid approach is presented in which a physics-based nonlocal modeling framework is coupled with data-driven clustering techniques to provide a fast and accurate multiscale modeling of compartmentalized reservoirs.
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In the complete paper, the authors reduce nonuniqueness and ensure physically feasible results in multiwell deconvolution by incorporating constraints and knowledge to methodology already established in the literature.
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The complete paper presents a large-scale work flow designed to take a vast amount of data into consideration. The work flow can be scaled for projects of any size, depending on the data available.
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An opportunity now exists to further develop the way we solve problems by adopting agile work flows. Originating from software development in 2001, agile work flows will be a key part of driving the oil and gas industry to its next level of efficiency.
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In tectonically influenced regions, potential hydrocarbon traps are subject to complex states of stress. This scenario often translates into severe strike/slip (SS) and thrust-fault or reverse-fault (TF/RF) stress states.
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What the industry needs at this stage is a willingness to work together, share best practices, conduct innovative research, and focus on disruptive technologies that lower cost of capture and make our operations more sustainable.
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As wells across the US shale sector are brought back onto production, they may want to do so strategically to learn about the connectivity of their wells. One challenge will be in selecting a model that delivers the most insight.
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Developed by the large shale producer, its new way to monitor interactions between horizontal wells is now available as a commercial software. The concept is considered a stepping stone toward real-time fracture design.
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Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past.
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In the complete paper, the authors derive a novel analytical solution to model the temperature signal associated with the shut-in during flowback and production periods.