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.
Operators from across the region met in Muscat to share how lessons from pilot programs are shaping cost, scale, and technology priorities across the region.
-
The objective of this study was to establish an efficient optimization work flow to improve vertical and areal sweep in a sour-gas injection operation, thereby maximizing recovery under operation constraints. -
The objective of this paper is to present a fundamentals-based model of three-phase flow consistent with observation that avoids the pitfalls of conventional models such as Stone II or Baker’s three-phase permeability models.
-
CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
-
DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
-
The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
-
A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
-
A Kimmeridge Energy executive said at the Unconventional Resources Technology Conference that he wants to "make unconventional resources investable in a low-carbon world."
-
A slate of new pipeline projects are expected to help relieve the oil-rich region's associated gas bottleneck.
-
The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.
-
Enverus claims hundreds of millions of barrels of gas condensates are nowhere to be found in public data due to a major reporting gap.
