Reservoir
This study demonstrates how routinely acquired downhole temperature data allows for direct estimation of fluid saturations and delivers more accurate reservoir volume assessments, particularly in aquifer-supported systems.
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The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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With reduced new unconventional well activity, practices such as frac-hit mitigation—pressurization of parent wells during child-well fracture stimulation—have become increasingly important to reduce parent-well proppant cleanouts as well as to maximize production from both parent and child wells. -
This latest find means the offshore driller has averaged at least three new discoveries each year since it began drilling offshore Guyana where it plans to recover up to 8 billion barrels of crude.
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Unconventional producers around the world have been hamstrung by expensive and cumbersome options when it comes to obtaining reservoir data. Among the latest ways to break past these barriers is a new method developed by Canadian researchers and field tested in Australia’s unconventional frontier.
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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.
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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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The complete paper discusses optimization of a development plan involving low-salinity water injection.
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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 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.
