Reservoir
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
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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. -
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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Individually and collectively, we are currently facing undeniable difficult times. But, as has been said, challenges are also opportunities. It is a proper time for all of us to pause a bit and formulate way-forward plans that suit our needs.
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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.
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Add Denbury Resources to the list of oil companies filing for bankruptcy protection with a plan that may make for a quick trip through the debt-reduction process.
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Black Mountain executives outlined the key criteria they used to determine why Western Australia was a prime location for private-equity investment when looking at international unconventional plays.
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URTeC 2020’s opening plenary session panel shared insights into how the shale industry can scale technology, fiscal restraint, and social responsibility into a sustainable business case for a new energy landscape.
