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Particle analysis and real-time tracking are just two of many areas where new technologies are driving innovation in proppant efficiency and well productivity.
The captured CO2 is expected to grow oil production at a West Texas field by 5x its current amount over the next few years.
More FPSO units will be utilized between the years 2020 and 2023, with each year seeing about 10 more units working, forecast says.
One company’s ‘super-lateral’ approach is paying significant dividends.
Bakken E&P companies turn their sights on reducing drilled but uncompleted wells backlog.
Total production in 2016 is expected to close out approximately 5% lower than 2015 levels. Compared to the massive increases to which the world had grown accustomed, this drop is indeed material.
The news is encouraging for the FPSO sector, where activity has drastically slowed. Analyst says FPSO orders will increase in 2017.
The industry’s focus is expected to remain on capital allocation, people and supply and demand next year.
The company struck oil in Green Canyon and just south of Keathley Canyon in the Sigsbee Escarpment.
The next generation of pressure pumping systems delivers a cleaner, quieter solution to hydraulically fractured wells.
Changing company strategies and declining oil output from some basins are behind some operator’s moves to increase the gas share of their production mixes, analyst says.
Plans include a new floating production platform that will be moored about six miles southwest of the existing Mad Dog Platform.