Unconventional/complex reservoirs
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
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The Permian Basin operator said the purchase translates to more than a decade of additional inventory.
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In this first part of a two-part series, we look at how the artificial-lift sector has adapted to producing unconventional resources. The second part of the series to publish in November will crack open the lift toolbox to take a deeper look at the techniques and technologies under development or new to the market.
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The paper presents successful field tests designed to decrease electrical-submersible-pump cooling rates by inducing controlled deadheads rather than shutting down the pumps.
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Founded by former analytics experts for a large US independent, Xecta Digital Labs is proposing a new analysis method for horizontal wells. Adopting it means turning the page on some old habits.
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This paper presents agile technologies that integrate data management, data-quality assessment, and predictive machine learning to maximize asset value using underused legacy core data.
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The authors write that child-well performance increases with spacing and decreases with infill timing and that the parent cumulative production at child-well completion is an effective indicator of child-well performance.
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The paper presents results of single-phase and multiphase electrical-submersible-pump tests as well as operation data, lessons learned, and failure examples gathered over 10 years of operation in a highly viscous offshore oilfield.
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Injecting gas plus water proved more effective and less costly than gas-only injection in the Bakken.
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Digital systems are helping ensure US independent Diversified Energy continues to grow and optimize production from its mature assets.
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The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.