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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In tectonically influenced regions, potential hydrocarbon traps are subject to complex states of stress. This scenario often translates into severe strike/slip (SS) and thrust-fault or reverse-fault (TF/RF) stress states.
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In the complete paper, the authors revisit fundamental concepts of reservoir simulation in unconventional reservoirs and summarize several examples that form part of an archive of lessons learned.
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Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past.
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Not everybody suffers when US oil producers slash production. Among the beneficiaries could be US gas producers who will benefit because less oil production will mean a lot less gas on the US market.
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If design A yields the same 90-day production at 10% lower cost in a series of wells than design B wells, is design A the better one? Using pressure-based fracture measurements, the separability of variables between two completion designs can be evaluated.
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A downhole compressor solution based on advanced magnetic technologies completed its first field trials in an unconventional gas well. It resulted in a 62% increase in gas production and significant increase in liquid production compared to using a rod pump previously in the well
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Proper lateral and vertical well spacing is critical for efficient development of unconventional reservoirs. Much research has focused on lateral well spacing but little on vertical spacing, which is challenging for stacked-bench plays such as the Permian Basin.
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This paper discusses a prescriptive analytics framework to optimize completions in the Permian Basin.
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A producer in the Marcellus Basin selected Edge Gathering Virtual Pipelines 2 to capture and liquefy gas from its stranded wells in Tioga County. Initial operation is underway and is set to be ongoing until at least 2022.
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The shale sector is seeking answers to a complex issue involving casing deformations that block access to long sections of a lateral. As opposed to frac hits, this rising problem is considered to be an intrawell phenomena.