Production
The trips will tour THUMS Island, SoCalGas, and the Salton Sea geothermal fields.
The grant from the US Department of Energy will fund the project through 2027 as two researchers focus on developing a two-step approach to treating produced water.
Finalists will present their technologies before the judging panel on 24 March, and the recipient of the award will be announced 25 March during the SPE/ICoTA Well Intervention Conference and Exhibition.
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Production data from the oldest horizontal wells in the three largest oil plays in the US show that annual decline rates remain relatively high for a long period of time. This challenges assumptions held about production after 5 years and directly affects reserve and ultimate recovery estimates.
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Scaling buildup inside wellbores is a serious production problem that dramatically reduces the well productivity index. This issue has a significant cost across the industry, mostly associated with loss of production or additional operations such as well intervention.
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The time it takes for a shale producer to drill a well has been a major focus for the past decade. A new report says the industry should place equal weight on how long it takes a well to actually deliver first oil.
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Using maglev technology, a new artificial lift system seeks to boost production output by sucking down reservoir pressure from inside the wellbore and from inside the reservoir.
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The complicated parent-child relationship in US shale fields is emerging as a turning point in the US shale revolution. One of the first executives to exploit tight oil says the issue will reverse the sector’s cumulative growth rate by 2025.
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The two technology startups aim to bring scale to the visual side of oilfield automation with a new deal that will cover 90% of US energy assets.
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Halliburton broke ground in Saudi Arabia for the first oilfield chemical manufacturing reaction plant in the Kingdom.
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The backing of one of the world’s largest oil and gas companies aims to put this emerging digital technology on the path to widespread adoption.
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An oil and gas startup has attracted the business with a major operator thanks to its ability to forecast whether production-enhancing chemicals will work as advertised.
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Hundreds of rod-lift wells in North Dakota are about to get a big upgrade.