Production

News
February 04, 2024
President Samia Suluhu Hassan is pushing for Tanzania to boost production of natural gas and build pipelines to export it to neighboring countries including Uganda, Zambia, Kenya and the Democratic Republic of the Congo in a bid to accelerate economic growth.
News
February 02, 2024
Chevron is targeting 10% growth this year, more than twice the pace of publicly traded independent oil companies, setting it on course to pump 1 MMbpd from the region in 2025. Exxon sees production growth of nearly 7%, but is expected to double its overall output once it completes the $60 billion of Pioneer Natural Resources Co. by mid-year.
News
January 22, 2024
Production at Sharara, which previously pumped about 270,000 bpd, will resume and force majeure, a clause in contracts allowing deliveries to be suspended, will be lifted, the OPEC country’s state-run National Oil Corp. said in a statement.
News
January 20, 2024
Production across the U.S. was curtailed by about 10 MMbbl this week, according to market participants who asked not to be named because the information is private.
News
January 19, 2024
The oil and gas field is located in the Barreirinhas basin in the state of Maranhão, Brazil, and has total proved plus probable ("2P") oil reserves of 1.9 MMboe.
News
January 16, 2024
As much as 650,000 bpd is offline, up from 425,000 bpd on Monday, according to Justin Kringstad, director of the North Dakota Pipeline Authority. The state’s total production reached 1.2 MMbpd in October.
News
January 14, 2024
The transaction adds over 5,500 net leasehold acres and 62 fully permitted proven undeveloped ("PUD") drilling locations.
News
January 08, 2024
Oil production from the six wells collectively peaked at about 400 bpd before the wells were idled in 2015 due to oil prices dropping below $30 per bbl. Returning the field to production will occur in steps, with the 58X-23 and the HH-1-ST2 wells being the first two of the six previously producing oil wells to be returned to production.
News
January 04, 2024
Production from the oil fields in Uganda will be transported to the port of Tanga in Tanzania through the cross-border pipeline developed by the EACOP Company.
News
January 04, 2024
After ending last year with an estimated production growth of 900,000 bpd higher than the end of 2022, U.S. oil expansion will be “considerably less,” EOG President Billy Helms said Thursday in a presentation to investors.
News
January 03, 2024
A group of people had entered the field in 20 vehicles, demanding jobs, services and a new refinery, according to a letter signed by a board member at the state company.
Video

WODD S6E6: A conversation with the President of Universal Pressure Pumping at HFTC

March 22, 2023
Video

World Oil Meets VortexPrime

October 18, 2022
Webcast

The Oilfields Energy Transition Lowering Emissions Getting You Closer to Your Net-Zero Commitments

October 27, 2022
Aggreko
Understanding todays oilfield industry's electrification challenges is undoubtedly no easy task. With the mounting environmental mandates, continued pressure to manage operating expenses, and lowering emissions at the project site, it makes more sense than ever to have a power engineering partner. Investing in technology that will not only get your project up and running quicker and under budget but that’s' as well environmentally friendly. During this 60-minute webcast, we will discuss the topics facing the Upstream & Midstream Oil & Gas Industry and examine oilfield electrification methods to obtain greater operational efficiencies and also a means to reduce emissions by meeting and exceeding environmental requirements.
Webcast

Artificial Lift & Production Optimization Forum: Winter 2022

February 22, 2022
BlackJack Production Tools, Black Mamba Rod Lift, ChampionX
During this 60 minute live webcast, Moderator, Joe D. Woods, President, International Pinpoint, will lead discussion on these topics: 1) "Exceptional Gas Separation Performance Enables High Production Targets and Long-term Reliability," presented by Brian Ellithorp, President, BlackJack Production Tools and Echometer UPS. 2) "End-to-End Rod Control Expands Rod Lift Potential," presented by Jonathan Martin, Co-Founder, President, Black Mamba Rod Lift. 3) "Advancing Artificial Lift with Artificial Intelligence," presented by Ron Holsey, Vice President, Theta Automation and Optimization, ChampionX.
Webcast

Increase ROI When Moving Through Exploration into Field Development

August 31, 2021
Tracerco
In this webinar, industry experts Patrick Hayes and Dr. Sudiptya Banerjee will demonstrate the value of using chemical tracers as an essential technology throughout all phases of a reservoir E&P lifecycle with a focus on hydraulically stimulated wells. After outlining the different methods of tracer monitoring and guidelines for tracer selection, the webinar will explore the value proposition for using chemical tracer technology during and after exploration through a series of illustrative case histories. By the conclusion of this talk, attendees should understand how tracers can provide insight into their reservoir and production strategy.
Webcast

Reducing Flaring and Emissions in Production Facilities

July 14, 2021
TechnipFMC
iProduction™ is a modern approach to multi-well processing focused on the reduction of GHG emissions. This includes well pad processing, gathering lines, and central processing facilities under a single digital interface with autonomous control. In this webcast, Laura Schilling and Isabel Chan will be detailing how TechnipFMC’s iProduction™ ecosystem can effectively address the facility GHG challenges of the future and reduce LP flaring by 60%. iProduction™ also has a smaller footprint, lower total cost and uses modules prefabricated offsite for faster field startup and lower operating expense. Our customers that have adopted this ecosystem have seen operations becoming more streamlined, reduce GHG emissions, reduce capital, and decrease time to first oil. Our propriety AOS is the dynamically optimizing heart of iProduction™.
Webcast

How Chemical Tracers can reduce costs, boost production, and guide adaptive strategies in a rapidly changing oilfield market

July 29, 2020
Tracerco
With oil prices hitting decade lows and energy activities downsized during a global pandemic, operators globally are seeking assurance that every spend drives a strong return on investment. Yet many completion and production choices are made in an environment of uncertainty, making technology that can inform well design and operational planning more crucial than ever. Chemical tracers are one such tool. A proven and reliable method of reservoir surveillance, tracer studies have demonstratable value for quickly and accurately adapting field strategies to real-time market needs. Whether a conventional or unconventional field, a properly designed and utilized tracer study has the potential to reduce lifting costs, improve production, and mitigate risk to CAPEX/OPEX spends. In this webinar, industry experts will provide an overview of current tracer technologies, dispel marketing myths, and detail a holistic use of tracers and the value added for multiple case studies across the globe. Application of tracers in hydraulically fractured wells, extended-reach well inflow studies, and flood-driven EOR case studies will all be covered. By the conclusion of this talk, the audience will have a working knowledge of the frontiers of tracer technology as well as an understanding of how this potent, low-risk, and low-cost tool can innovate their current field production plans.
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