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During a recent tour of West Virginia University’s PPAL lab revealed research into determining permeability, pore volume, reservoir conditions, adsorption and pore structure characterization.
For mature offshore facilities, adding or even increasing water treatment and injection facilities can prove difficult, due to space or weight constraints, and may also be prohibitively expensive.
Some of the capital will go toward appraisal work for emerging plays across the Permian Basin and technologies, Oxy executives said.
Machine learning and AI are enabling the discovery of new solutions to help make the petroleum industry safer and more competitive.
Pioneer intends to add 60 more Version 3.0+ completions in the Permian during second-half 2018 along with four more rigs as it further tailors completions by well, zone and area.
ANS and ANWR are primed for development.
The Guyana-Suriname Basin has an estimated resource potential of more than 13 billion barrels of oil, according to the U.S. Geological Survey.
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