Exclusives

Summer NAPE, Panther Energy, Trueblood Resources, Austin Chalk, Paul Richardson, Oswego, Louisiana, Oklahoma, oil, gas, Masters Creek, Chesapeake Energy, EOG Resources, ConocoPhillips, Marathon Oil, John Trueblood, Josh Cornell

Acreage in the Louisiana Austin Chalk and Anadarko Basin’s Oswego Formation were among the prospects presented during Summer NAPE.

saudi_arabia_kuwait_al-khafji_oilfield

Production from Al-Khafji field will be less than 50% of the field’s initial production capacity.

‘Onshore drilling just has better economics currently [and] cycle times also play a key role in offshore projects versus onshore drilling,’ said Sarp Ozkan, DrillingInfo’s director of energy analysis.

drilled but uncompleted wells, DUC, Permian Basin, completion, Rystad Energy, Artem Abramov, ShaleWellCube, Energy Information Administration, Noble Energy, Pioneer Natural Resources, oil and gas, shale

Pipeline constraints are pushing the number of drilled but uncompleted wells higher in the Permian Basin.

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.

Completion

Apache, John Christmann, production, Alpine High, Permian, Delaware, completions, oil and gas, Tim Sullivan

Optimization efforts are leading to strong performance in the Delaware Basin play, Apache executives say.

Hi-Crush agreed to pay about $60 million in cash and stock to acquire FB Industries, a manufacturer and marketer of silo-based frack sand management systems.

completions, oil and gas completions, Hart Energy, DUG East, U.S. gas production, Appalachian Basin, Chesapeake Patrick Finney, Chesapeake Energy, Matt Weinreich, Laurel Mountain Energy,  Sergey Stolyarov, Baker Hughes, a GE company, fracs, well

Completions have been holding the attention of the industry as lateral lengths grow and techniques become more complex.

Two new projects emerge as the Canadian government initiates a development plan.

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In this first episode of the DUG Technology podcast, we dive deep into the opportunities big data presents to shale players.

Drilling

Faroe Petroleum has farmed into the U.K. Continental Shelf (UKCS) Agar Plantain exploration and appraisal well close to the U.K./Norwegian median line, operated by Azinor Catalyst Ltd., the company said Aug. 14.

Drillers added 10 oil rigs in the week to Aug. 10, bringing the total count to 869, the highest level since March 2015, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

Oil rose on Aug. 6 after Saudi crude production unexpectedly fell in July and U.S. drilling appeared to slow, although the price is still almost 10% below its 2018 high of more than $80 a bbl.

Drillers cut two oil rigs in the week to Aug. 3, bringing the total count down to 859, Baker Hughes, a GE company, said in its weekly report.

Greater adoption and effective use of enhanced digitalization in the rig inspection and audit market are delivering benefits and reducing risk.

Enhanced Oil Recovery

With the rapid growth of produced water and infrastructure constraints operators have to find new ways to tackle it.

Fourteen companies have expressed interest in oil and natural gas exploration and development contracts to be auctioned by Iraq on April 25, the oil ministry in Baghdad said on April 14.

Hunting Plc, the international energy services company, said March 26 it has signed a collaboration agreement with U.S.-based EOR company, Titan Oil Recovery Inc.

With a well test underway, one independent energy company works to decipher the Bakken’s EOR secrets.

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.

Field Development

Wood has been awarded a contract by Woodside on Aug. 9 to support the execution of concept definition for the proposed Scarborough upstream development, offshore Western Australia.

Reservoir quality exceeded pre-drill expectations and the appraisal well successfully intersected a gas-water contact in the Hedinia.

The contract award is reflected in McDermott’s second-quarter 2018 backlog.

Plans are for the subsea development to tie back to the existing Buzzard complex with a pipeline bundle assembly incorporating pipelines, manifolds, subsea controls and chemical injection, Nexen said in a news release.

Under the agreement, Serica UK will acquire a 42.25% interest in the Bruce field and a 25% interest in the Keith field and associated infrastructure.