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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.
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The multiyear contract with YPF includes electric pumping units and automated stimulation services.
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The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
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Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
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Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
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Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
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This paper introduces a novel steam-sensitive flow-control device designed to restrict the production of steam and low-subcool liquids while allowing higher mobility of oil-phase fluids.
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The authors propose a deep-learning-based approach enabling near-real-time CO2-plume visualization and rapid data assimilation incorporating multiple geological realizations for predicting future CO2 plume evolution and area-of-review determination.
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This paper describes the operator’s initiative to reduce greenhouse-gas emissions and recover additional hydrocarbon, monetizing it as sales gas, by integrating upstream and downstream gas facilities in a unified approach.
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This paper demonstrates how the integration of multiphysics downhole imaging with machine-learning techniques provides a significant advance in perforation-erosion analysis.
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This study integrates laboratory testing with reservoir simulation to evaluate the effectiveness of autonomous inflow-control valves in managing late-life steam-assisted gravity-drainage production challenges.