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Knowledge gained at the Abu Al Bukhoosh Field (ABK) could be applied to other Abu Dhabi reservoirs, including the recently awarded concessions.
Saudi Arabia has embarked on a long-term strategy to expand its resource base and to increase recovery to 70% through the use of EOR technologies.
The game has changed because of newer, more efficient technology.
Despite political tension, the two Arabian Gulf states signed an agreement to renew the concession for continued development and operation of the El-Bunduq offshore oil field.
An integrated system expands the potential of underbalanced CT drilling to solve complex challenges.
High-efficiency HP/HT completion systems help operators deliver top performing wells.
All stages were successfully stimulated with acid, with clear pressure indications of packers setting, balls landing and sleeves shifting, the release said.
U.S. oil company Chevron Corp. (NYSE: CVX) on Feb. 19 said it had resumed drilling operations in the Kurdistan region of Iraq (KRI).
Stena Forth drillship to commence a three well program in first-quarter 2019.
An integrated approach drills record ERD well in the Middle East.
Tethys Oil has been selected to receive an onshore exploration license covering the southwestern part of Oman towards the border of Saudi Arabia.
The company drilled the well in Sarta Block, north of the regional capital Erbil, the first such well since the second half of 2015, two industry sources told Reuters.
The company plans to expand its use of carbon capture, use and storage technology to meet a sixfold increase in the utilization of CO2 for EOR over the next 10 years.
Middle Eastern oil and gas producers are now focusing on developing unconventional resources like heavy crude oil.
Through its R&D arm, Saudi Aramco is working on various R&D projects in an effort to increase the recovery factor of reservoirs from 50% to 70%.
The oil industry’s demand for energy is growing rapidly, and solar can supply much of that power, GlassPoint Solar CEO Rod MacGregor said.
Pilot project in Oman reduces need for natural gas in thermal EOR.
According to the plan, the oil production of 480,000 bbl/d will be reached in 2020 and 800,000 bbl/d is expected in 2025.
Indonesian state energy company Pertamina is considering placing its contract with Iran to operate the Mansouri oil field on hold because of the threat of U.S. sanctions, director Syamsu Alam told reporters on May 11.
It was not clear whether CNPC had received top government approval to do so. But such a move could further strain the tense trade relationship between Beijing and Washington.
Japan’s biggest energy explorer, Inpex Corp., said on May 10 it may drop its second attempt to join in developing Iran’s South Azadegan oil field after U.S. President Donald Trump said he will re-impose sanctions on Tehran.
Iraq’s state-run North Oil Co. (NYSE: NOG) signed an agreement with BP (NYSE: BP) on May 7 to triple output from the Kirkuk fields in the north of the country.