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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This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships. -
Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
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Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations.
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Turnwell said it achieved a new well delivery time as it begins a massive contract to develop the UAE’s unconventional gas resources.
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A novel approach uses the heart-shaped signal in low-frequency distributed acoustic sensing measurements to estimate the hydraulic fracture tip distance before the hydraulic fracture intersects the monitor well, offering critical insight into the characterization of hydraulic fracture propagation.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
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The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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This paper presents a specialized workflow that aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies for a deep formation in the Permian Basin.
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This paper describes numerical modeling studies of fracture-driven interactions using a coupled hydraulic-fracturing-propagation, reservoir-flow, and geomechanics tool.
