Unconventional/complex reservoirs
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi. -
This paper describes a foamed cement solution designed and implemented to cement shallow intermediate casing strings in a heavy oil play in Northeast Alberta.
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The Midland-based service company operates a fleet that is now 65% either dual-fuel or electric-powered.
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The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.
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If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
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As the biggest US companies grow bigger, the advantage of scale becomes clearer.
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A 44-well development tests what ConocoPhillips has learned about maximizing the value of the wells by figuring out how they drain the reservoir.
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The authors of this paper propose a hybrid approach that combines physics with data-driven approaches for efficient and accurate forecasting of the performance of unconventional wells under codevelopment.
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This paper develops a deep-learning work flow that can predict the changes in carbon dioxide mineralization over time and space in saline aquifers, offering a more-efficient approach compared with traditional physics-based simulations.
