Reservoir
This paper presents a novel reservoir engineering/reservoir simulation approach—a data-driven interwell-connectivity model augmented as a digital twin—to predict reservoir dynamics and optimize operations in the Changqing oil field of China.
This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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The paper describes the revalidation of a deepwater prospect that resulted in a no-drill decision. -
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
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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.
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An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
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Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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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.
