May 25, 2023
The Z17 well - in the Carboniferous formation - is expected to increase Neptune’s production from the Adorf license by 1,800 boed to around 6,300 boed.
May 22, 2023
The oil produced during the testing phase is heavy oil of 11-13 degrees API, with viscosity higher than pre-testing estimates.
Two innovative shale oil EOR processes offer greater simplicity, and lower capital expenditure and operating costs, compared to natural gas or CO2 EOR. Advanced compositional reservoir simulation modeling is used during operation to ensure maximum oil recovery.
May 16, 2023
The peak month production rate of the Rosa Unit #647H, located in Rio Arriba County, NM, has surpassed all wells drilled in the San Juan basin over the last 50 years.
May 09, 2023
Data collected from the well along with geomechanical and 3D seismic review has enhanced TAG’s horizontal well design. Plans are underway to secure a drilling rig to drill the first horizontal well designed with a multi-stage fracture stimulation.
Finding a Better Lining for Free Water Knockout Vessels
May 03, 2023
Long distance delivery
April 13, 2023
The Advance Transaction includes approximately 18,500 net acres in the core of the northern Delaware Basin, most of which is very close to some of Matador’s best acreage where wells with an estimated ultimate recovery of over 1 MMboe have been drilled.
April 10, 2023
The pipeline also may allow oil-sands companies to boost production. Imperial Oil Ltd., which is controlled by Exxon Mobil Corp., expects to finish a 15,000-barrel-a-day expansion of its Cold Lake facility ahead of schedule this year, Chief Executive Officer Brad Corson said at the conference.
April 04, 2023
The results of WR-B01Za provide back-to-back drilling success, further validating the company’s subsurface model and reservoir understanding and confirming its ability to accurately place horizontal wells in areas of good productivity.
March 28, 2023
To maximize the potential of Kruh Block after several encouraging new oil discoveries made by IEC during 2021 and 2022, IEC is currently in the process of securing 30 square km of new three-dimensional seismic data at Kruh Block.
March 24, 2023
“We will get market share,” Prates, Chief Executive Officer of Petrobras, said in an interview in Rio de Janeiro. “We may be the last to produce oil in the world.”
March 20, 2023
Abdul Ghani said his country, OPEC’s second largest producer, plans to boost crude oil production to between 5-6 MMbpd or more, while adhering to OPEC’s limits, without further explanation about the timings to do so.
March 17, 2023
Biweekly, a new well will be added to the test until all new wells are connected to the testing system. Each well will be completed with PCP pumps before being placed on the test.
CERAWeek by S&P Global 2023: Technology, talent, teamwork key to reducing emissions in oil and gas production
March 08, 2023
Oil and gas operators, service companies and regulators during mid-day on Tuesday gathered to speak at CERAWeek by S&P Global, in a session titled “Reducing Emissions in Oil and Gas Production.” In this session, they shared their perspectives on modern efforts to reduce carbon emissions and greenhouse gasses.
March 08, 2023
The State 36-2 well intersected a major natural fracture network in the Cane Creek reservoir, which led to a significant influx of hydrocarbons into the wellbore.
March 08, 2023
Drilling is picking up fast in Vaca Muerta after a series of false dawns over the past decade with top developer, state-run YPF SA, poised to ramp up investments.
Alaskan politicians appeal to Biden administration to approve ConocoPhillips ‘Willow’ oil development
March 06, 2023
The lawmakers, including freshman Democratic Representative Mary Peltola, said they made their case for authorizing the plan to allow drilling from three locations at the Willow project during an Oval Office meeting on Thursday that lasted more than an hour.
March 03, 2023
The renewed emphasis on fossil fuel production follows a year of high and volatile prices after Russia’s invasion disrupted gas supplies and the recovery of economies from the Covid-19 pandemic drove demand for oil.
March 01, 2023
Petroperu has said it could produce 12,000 bpd at Lot 192, compared with Peru’s national output of about 40,000 bpd.
The oldest well stimulation technique