Exclusives

shale gas, tight oil, exports, ExxonMobil, NAPE, outlook 2040, Houston

The company forecasts economic growth in developing countries to lead the way for energy consumption while oil and natural gas become the dominant resource by 2040.

The North African nation hopes to regain pre-Arab Spring production levels, but challenges abound.

NAPE US Shale Industry Aggressively Returns

The industry is coming back to life, with recovery reaching outside the prolific Permian Basin.

Less product results in greater depth than the competition.

Brent, platform, oil, decommissioning, Delta, North Sea, Shell

With Shell U.K. Ltd. submitting a decommissioning program for the Brent Field to the U.K. government, three concrete gravity-based platforms create major logistics problems.

Completion

Hess, Bakken, oil, gas, proppant, stage, John Hess, Greg Hill

One pilot involves increasing the number of stages per well, while the other focuses on higher proppant loading.

Particle analysis and real-time tracking are just two of many areas where new technologies are driving innovation in proppant efficiency and well productivity.

fracturing, frac, Halliburton, Eclipse

One company’s ‘super-lateral’ approach is paying significant dividends.

Bakken, DUC, shale, well, drill, completions, production

Bakken E&P companies turn their sights on reducing drilled but uncompleted wells backlog.

The next generation of pressure pumping systems delivers a cleaner, quieter solution to hydraulically fractured wells.

Drilling

Eco Atlantic also owns several licenses to drill offshore Namibia, one of which is also in partnership with Tullow, Reuters reported.

There are about 350 unsanctioned discoveries containing more than 3 billion barrels of oil equivalent remaining in the U.K. Continental Shelf. Most small pools are in close proximity to existing infrastructure.

Weatherford will contribute well construction expertise, managed pressure drilling  solutions, directional drilling capabilities and drilling hardware, and associated software applications and engineering personnel.

The Total-led consortium has bid for one block in the Ionian. Hellenic Petroleum has bid independently for two other blocks in the same region, Reuters reported.

The production test recorded the Merakes reservoir's gas deliverability. Merakes could have 2 trillion cubic feet of gas in place.

Enhanced Oil Recovery

NRG, Hilcorp, JX Nippon, oil, EOR, carbon capture

The captured CO2 is expected to grow oil production at the West Ranch oil field by 5x its current amount over the next few years.

bio-EOR, EOR, technology, methane, microbial,  Transworld Technologies, Karl Weber, Activ8

Operators have alternatives when it comes to EOR technology and one process appears less costly than others.

nanosheet, nanofluid, oil, EOR, University of Houston

Researchers were able to achieve 15% tertiary oil recovery using a nanofluid of graphene-based amphiphilic nanosheets that are effective at low concentrations.

Thermal production is expected to take longer to restart than mining output because of steaming and heating processes involved and because some thermal projects remain inaccessible due to fire, Reuters said.

EOG Resources, EOR, Eagle Ford, Austin Chalk, shale, oil, price, drilling, completions

As the company awaits market rebalancing, it is pursuing EOR technology and improving completion designs to enhance efficiency and production.

Field Development

The operator said proceeds from Kerogen’s investment will finance the acquisition and key work streams to investment sanction, including FEED studies and the field development plan being prepared with TechnipFMC.

Iran’s oil minister has criticized French oil company Total for its decision to delay signing a contract to develop a gas field in southern Iran, saying that the reasons given by Total’s CEO were “unacceptable” to Tehran.

Statoil, costs, breakeven, technology, offshore, Johan Castberg, oil, Margareth Øvrum

The company has initiated cost-saving measures and tackled drilling efficiency among other areas while working toward its goal of developing a remotely operated factory.

"The production of Block 15/06 will reach this year approximately 150,000 barrels of oil per day," Sonangol said in a statement, Reuters reported.

Mad Dog Phase 2, located in the Green Canyon area in the deepwater GoM, is a southern and southwestern extension of the existing Mad Dog Field, BHP Billiton said in the release.