Unconventional/complex reservoirs
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
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.
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On the far end of the flowback spectrum is a completion process called soakback. If the well has to be shut in until takeaway capacity is available, the completion fluids soak into the shale rock. Flowback analysis can help understand what happens in the formation.
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While the collapse in oil price is reshaping opinions about the North American shale revolution and the outlook for oil producers, natural gas producers in the United States are in a somewhat different position
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Shale-gas resources were explored in Saudi Arabia by adopting a “technology-driven” approach against the US-based approach that might be termed the “factory” or “statistical” approach.
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This paper gives the recommended MSF horizontal-well spacing for several development scenarios in Saudi Arabian gas-reservoir environments.
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Although refracturing is a topic that has gained a lot of interest, many shale producers have been sitting on the sidelines because early results did not justify the spending
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A tight gas carbonate reservoir with no oil rim in a supergiant onshore gas field in Abu Dhabi was targeted for stimulation during a field review to increase field production.
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To understand production from shale reservoirs, the role of hydraulically induced fractures, natural fractures, and their interaction in a formation must be captured.
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Estimates of tight-reservoir hydrocarbon reserves continue to vary with uncertainty. What is known with certainty, though, is that current recovery rates are low and the upside is substantial.
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The pursuit of sweet spots in unconventional oil and gas plays is driving the creation of an emerging set of data-driven systems to measure, map, and predict how wells will perform in unconventional reservoirs.
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At the recent 2015 Unconventional Resources Technology Conference, a major theme was how companies can improve performance without increasing the size of their budget.