Unconventional/complex reservoirs
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
Industry experts at URTeC assessed more than a decade of unconventional growth while discussing where productivity gains will come from next.
Chevron and Halliburton describe how they built and deployed the fully autonomous closed-loop fracturing system that enables subsurface-driven optimization.
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Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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The authors of this paper apply a deep-learning model for multivariate forecasting of oil production and carbon-dioxide-sequestration efficiency across a range of water-alternating-gas scenarios using field data from six legacy carbon-dioxide enhanced-oil-recovery projects.
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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
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Technology developers expect the tight-oil industry to give lightweight proppants another look after the Permian Basin’s biggest operator becomes an adopter.
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This paper presents a study of trapped-torque incidents during drillpipe connection, highlighting contributing factors and root causes and proposing prevention and mitigation measures for these transient events.
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In this study, a method was developed to analyze the effects of drilling through transitions on bit-cutting structures and construct an ideal drilling strategy using a detailed drilling model.
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Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
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The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.