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.
-
The leaders of US oil and gas companies in Texas and neighboring states cite regulatory uncertainty, tariffs, and volatile prices as drags on activity. -
The SPE International Hydraulic Fracturing Technology Conference and Exhibition opens with calls to adapt technology while addressing regional realities.
-
Casing deformation has emerged as a major challenge in China’s unconventional oil and gas fields, prompting the development of new solutions to address the issue.
-
The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset.
-
The transaction adds 267,000 net acres and nearly 140,000 BOE/D from Vital Energy, lifting Crescent into the top 10 largest US independents.
-
The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer.
-
The collaboration has announced Closed Loop Fracturing, which combines real-time subsurface data with automated surface control.
-
Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
-
This study integrates physics-based constraints into machine-learning models, thereby improving their predictive accuracy and robustness.
-
This paper introduces a machine-learning approach that integrates well-logging data to enhance depth selection, thereby increasing the likelihood of obtaining accurate and valuable formation-pressure results.
