Unconventional/complex reservoirs
The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.
The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
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The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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This paper presents a specialized workflow that aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies for a deep formation in the Permian Basin.
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This paper describes numerical modeling studies of fracture-driven interactions using a coupled hydraulic-fracturing-propagation, reservoir-flow, and geomechanics tool.
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This case study outlines a methodology to optimize and control hydraulic fracturing parameters by achieving 100% cluster efficiency and overcoming formation leak-off.
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Machine learning and a decade of gas composition records helped the operator identify wells that were most likely to produce paraffins.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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We’re thrilled to announce the launch of the 2025 SPE/JPT Drilling and Hydraulic Fracturing Technology Review. This exclusive, official publication will be distributed at three major SPE industry events.
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Canadian Natural Resources strengthens its position as a leading oil and gas producer in Canada.