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TRIPOLI, Libya (Bloomberg) -- OPEC needs to reduce crude output by at least 500,000 bpd, Libya’s governor to the group said, the first time since prices plunged into a bear market that a representative from a member nation has suggested how ...
HOUSTON (Bloomberg) -- U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge. The technique known as downspacing aims to pull more oil a ...
VALDEZ, Alaska (Bloomberg) -- Stockpiles of oil from Alaska’s North Slope have surged to a five-year seasonal high as tanker maintenance slows loadings, forcing the grade to trade at a discount to U.S. crude for the first time since 2010. I ...
Better cooperation between engineers and geoscientists, along with each side recognizing some basic drilling and geosteering principles, and their inherent trade-offs, and applying the right tools to the project, can help operator/service teams come closer to drilling the “perfect” well.
Production rising despite anti-drilling backlash
The success or failure of secondary recovery in low-permeability reservoirs depends on several factors.
Traditional marine seismic data lack the very low and the very high frequencies, as well as some of the middle frequencies, due to ghosting.
In assessing the value of the Permian basin and its wells in comparison with other shales, this play may not always have the highest IPs and EURs, but it beats the competition with respect to well cost and location.
Horizontal drilling and multi-stage hydraulic fracturing get credit for much of the success in producing from ultra-low-permeability shales.
This is the most comprehensive handbook in advanced drilling technology, guiding the petroleum engineer to mitigate risks, manage the reservoir effectively and recognize new opportunities.
This 2‐hour documentary is the most comprehensive video available about oil and gas drilling.
Federal regulations continue to grow
U.S.: 8.597 MMbpd (August 2014)
World: 90.43 MMbpd (August 2014)
Houston, TX - November 4-5
The Woodlands, TX - November 17-17
Houston, TX - November 18-18
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