Reservoir
Latest 5-year assessment puts undiscovered technically recoverable gas resources on the US Outer Continental Shelf at 218 Tcf.
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Unwanted water production can erode well performance and asset economics if left unmanaged. Interwell’s precision water shutoff approach, grounded in diagnostics and engineered isolation, helps operators identify water-entry points, protect hydrocarbon flow, and restore sustainable well performance in mature and complex wells.
More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
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The authors demonstrate how artificial intelligence and machine learning can help build a purely data-driven reservoir simulation model that successfully history matches dynamic variables for wells in a complex offshore field and that can be used for production forecasting.
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The implementation of fishbone stimulation helped to more than double estimated well productivity and tripled the production rate in a tight carbonate reservoir well compared with conventional stimulation during initial testing.
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When fracturing, simply shooting all the perforations at the same spot in the casing can offer increased production at a low cost.
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The paper describes an end-to-end deep surrogate model capable of modeling field and individual-well production rates given arbitrary sequences of actions.
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The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
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The all-stock transaction is expected to bolster the newly created operator's production profile to around 160,000 BOE/D.
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Finding creative ways to drive down the CAPEX and discounted OPEX and define a realistic pathway and schedule to full-scale commercial operations is discussed.
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Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.
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Operator will use polymerized water into reservoir to boost oil and gas recovery.
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The paper evaluates the effect of different injection methods on oil recovery and CO2 storage potential in a depleted sandstone reservoir in the Norwegian Continental Shelf.