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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This paper describes an artificial-lift technology, a subsurface compressor system, that simultaneously removes liquids, increases gas production, and improves recoverable reserves in gas wells.
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A 2-year study of a formation used for saltwater disposal in the Bakken may hold promise of decreasing the pressurization of the formation and increasing the reuse of the briny produced water.
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Applications of particular interest are those addressing challenging well-production needs such as reducing or eliminating liquid loading in gas wells; restimulating existing, underperforming wells, including as an alternative to new well drilling and completion; and remediating water blocking and condensate buildup, both of which can severely impair production from g…
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The authors of this paper propose a new chemical treatment for efficient remediation of water- or hydrocarbon-phase-trapping damage in low-permeability porous media.
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The implementation of fishbone stimulation helped to more than double estimated well productivity and tripled the production rate in a tight carbonate reservoir well compared with conventional stimulation during initial testing.
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When fracturing, simply shooting all the perforations at the same spot in the casing can offer increased production at a low cost.
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The all-stock transaction is expected to bolster the newly created operator's production profile to around 160,000 BOE/D.
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Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.
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A lot has been learned about shale, but those working to eke out oil from that ultratight rock still extract more value from data than physics.
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Physics-based simulations plus machine-learning exercises are yielding a more comprehensive look at production volumes from unconventional assets.