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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The main objective of this paper is to investigate the relationship between strain change and pressure change under various fractured reservoir conditions to better estimate conductive fractures and pressure profiles. -
Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.
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In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
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Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
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Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states.
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Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
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An engineered approach to fracture growth in hydraulic fracturing highlights the successful execution of H2S prevention strategies in North Dakota’s Williston Basin.
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This paper describes a revamped methodology for field-development strategy formulation, particularly for marginal hydrocarbon resources, by shifting the mindset toward designing with an aim to value in order to improve project viability.
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The authors of this paper present an advanced dual-porosity, dual-permeability (A-DPDK) work flow that leverages benefits of discrete fracture and DPDK modeling approaches.
