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ShaleTech Report: Tuning unconventional reservoir performance with geoscience-guided completion strategies.
As operating efficiencies near a plateau in North American shale basins, a renewed focus on geoscience offers new strategies to further lower total cost/bbl. Selective application of measurements to provide visibility on reservoir variability encountered in laterals improves decision-making to maximize ROI on completion spend.READ MORE
Oil and gas helicopter operator CHC Group is to acquire the offshore business of UK-headquartered Babcock for an undisclosed fee.
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The market is facing opposing forces from OPEC+ holding output steady and higher prices potentially encouraging a surge in U.S. shale production.
The conclave themed ‘Energy Through Synergy’ will be held in Jaipur and petroleum minister Dharmendra Pradhan will be the chief guest on the inaugural day.
The oil and gas supply chain consists of three streams: upstream, which covers the exploration, development and production of oil and gas.
Oil and gas must be accurately measured or weighed, butane and propane gas, and a ticket given to the customer indicating the quantity delivered.
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The equipment between the wells and the pipeline, or other transportation system, is called an oilfield facility..
In a refinery, the feed-stream flow rate and composition are defined before the equipment is designed. For a facility, the composition is usually estimated based on drillstem tests of exploration wells or from existing wells in similar fields. The design flow rates are estimated from well logs and reservoir simulations. Even if the estimates are good.