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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A study of a limited number of decommissioned oil and gas wells in England found no evidence of methane leaks, including four wells found to be leaking in an earlier study.
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Whitecap enters into the liquids-rich Duvernay play, including 74,000 acres with more than 250 identified drilling locations.
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Another day, another deal for ProFrac.
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The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.
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Plenary panelists at URTeC offer possibilities as society looks to bridge today’s reality of hydrocarbon usage with tomorrow’s promise of carbon-free energy.
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Bidding is open for a 563-km natural gas pipeline that will expand the country’s natural gas transport capacity by 25%.
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New automated technology is making it possible to run pressure pumps for days on end.
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The authors describe the applicability of 110,000-psi yield-strength quench-and-tempered coiled tubing strings in high-pressure sour environments through implementation of a custom-fit coiled tubing integrity and risk-mitigation program.
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Upon closing, the newly combined oil company will boast 135,000 BOE/D and hold around 15 years’ worth of drilling locations in the Permian Basin.
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Oil companies would have to pay a premium for the hardware and services needed for rapid expansion. But is that likely?