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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Tight gas reservoirs and shale gas reservoirs are economically viable hydrocarbon prospects that have proved to be successful in North America.
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Reserves- and resources-evaluation methods in unconventional reservoirs are different from those for conventional reservoirs.
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Three observations have resulted from horizontal-well development in the Sulige tight gas field.
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The North American shale-gas boom has highlighted the differences that a few years and a few thousand miles can make.
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Natural-gas production from tight and shale-gas reservoirs will be increasingly important in China as the country shifts from coal-based energy to cleaner energy sources.
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Europe and Australia have joined the US in expanding recoverable hydrocarbons from unconventional resources, and initial activities are on the rise elsewhere.
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Tight reservoirs are still in the early stages of becoming a dominant source of energy and economic growth throughout the world for years to come. I recently read two distinctly different articles particularly relevant to tight reservoirs.
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Gas in tight sand and shale exists in underground reservoirs with microdarcy or even nanodarcy permeability ranges; these reservoirs are characterized by small pore throats and crack-like interconnections between pores.
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A multidisciplinary approach integrates fracture characteristics, reservoir production, and stress-field evolution to design and optimize the development of unconventional assets.
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This paper sheds light on the nonlinear physics involved in the production of shale-gas reservoirs by improving the understanding of the complex relation between gas production, reservoir properties, and several treatment-design parameters.