Unconventional/complex reservoirs
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.
This paper describes development of a high-temperature water-based reservoir drill-in fluid using a novel synthetic polymer and customized with optimal chemical concentrations and sized calcium carbonate.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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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.
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This paper explains how an operator’s projects in the Vaca Muerta have become more-efficient and cost-effective by increasing production and reducing well-delivery-cycle time while fostering the long-term sustainability of the project.