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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Success at the Fuling gas field in southwestern China will play a major role in the country's energy agenda.
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The acquisition adds 2 or 3 years to Enerplus Corporation's development inventory, it said of the cash deal that follows its purchase of Bruin E&P earlier this year.
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A look behind-the-scenes reveals what it takes to protect innovative ideas in the fast-moving US shale sector—key lessons learned, pitfalls to avoid, and how to do it the right way, as told by two of the operator's intellectual property (IP) protection leaders.
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The supermajor would be the second to conduct a hydraulic fracturing pilot project in the country.
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The water-shutoff technique is used in some wells of the U reservoir in the Iro field of the Oriente Basin in Ecuador to restore production after an early water breakthrough. This paper compares the production historical data, workovers, and sand-body correlation of wells to understand reservoir behavior, shale-baffle-sealing continuity, the existence of different san…
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The authors demonstrate that alternating injection of polymer and water is effective and economical for heavy oil fields, even offshore.
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A pilot project validates the use of an advanced polymerflooding technology on the Alaska North Slope.
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This paper outlines an approach to history matching that uses artificial intelligence with an artificial neural network and data-driven analytics. The approach has been used to mitigate history-matching challenges in a mature, highly geologically complex field offshore Malaysia.
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A study of a field case concludes that well spacing can be optimized by combing the information extracted from uncertainty and the interpolated maximum net present value.
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Oil prices are up and so is the outlook for companies at the heart of the US unconventional oil sector, but they still have their concerns.