Reservoir
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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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. -
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.
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The complete paper presents a technical discussion of a new microsampling technique for LWD and a corresponding wellsite technique to provide compositional interpretation, contamination assessment, reservoir-fluid compositional grading, and reservoir compartmentalization assessment.
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The complete paper presents a solution that assesses tight matrices and natural fractures at a level not previously achieved. At the tight-matrix level, advanced nuclear spectroscopy is carried out with a new pulsed-neutron device that achieves simultaneous time- and energy-domain measurements.
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A well was drilled into a prospective unconventional mudstone play offshore Norway. Two of five coring runs were successful while the rest yielded little to no core recovery. Subsequent investigation of the core substantiated that the coring issues largely had natural causes.
