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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Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
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Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.
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Incremental gains are not always celebrated, but as two of the biggest oil producers in the US show, they nonetheless can net unrealized savings and new efficiencies.
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The combined company will have a strengthened position in the Permian Basin, and plans to operate 17 hydraulic fracturing fleets in the region.
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Thousands of horizontal wells that had been drilled but uncompleted (DUCs) offered a way to maintain production without the cost of drilling more wells, but that resource is finally running low.
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The third quarter has so far not seen any mergers and acquisitions in the shale business that top $1 billion.
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The paper aims to determine the mechanisms of fracturing interference with multiwell pads in shale gas reservoirs and evaluate the effect of interwell fracturing interference on production.
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This paper reviews innovations and technologies used to make the Atlanta field in the Santos Basin a successful case of heavy-oil production in ultradeep water.
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The authors write that cyclic gas injection enhanced oil recovery for Eagle Ford volatile oil can yield substantial increases in estimated ultimate recovery.
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A fast-moving pressure pulse is the priority of a research and development initiative that, if successful, will result in a new diagnostic technology for horizontal wells in tight reservoirs.