Global Upstream Industry Moves Into Survival Mode
As the fallout deepens from the coronavirus pandemic and the global collapse in oil and gas prices, oil- and gas-producing regions around the world are feeling the pain.
Historic Oil Glut May Linger for Years
Oil prices got bad fast, so when will they get better? Don’t bet on a quick recovery.
US Onshore Contraction Results in Layoffs at Occidental and Apache
Layoffs have begun at Occidental Petroleum, which needs to slack costs after buying Anadarko, as well as Apache.
Discovery Suggests Guyana Bounty Extends Offshore Suriname
A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.
Apache To Deepen Suriname Exploration Well, Conduct Further Tests
Industry awaits the results of Apache’s Maka Central-1 exploratory well offshore Suriname, where high expectations follow the rapid exploration success of neighboring Guyana.
Questions Over Permeability Prompt Producer-Led Group To Rebuild Key Fracture Diagnostic
For the past 20 years, the diagnostic fracture injection test has been used across the frontlines of the shale revolution to paint a picture of what cannot be seen. However, that picture has not always been so clear in the eyes of subsurface engineers.
Drilling Change Requires Changing Drillers
Drilling change requires training drillers. Leadership matters, as does motivation, engaging displays, and understanding office politics. Four different looks at the human side of drilling productivity improvement.
New Modeling Code Sees Deep Inside Fractures, May Change Thinking on Well Spacing
Operators are working with a young startup company to overhaul how the unconventional sector has traditionally interpreted one the most common tests used to influence well completion designs.
Stressed About Production? Consider a Chemical Cocktail
Early field tests suggest chemical treatments may be able to significantly increase production from unconventional formations.
The Problems With Bigger Fracs in Tighter Spaces
Fracturing reservoirs effectively can be like boxing. Moving in close enough to land a powerful punch often means a fighter has to take some hits. To effectively develop all the productive rock in a lease, new wells are drilled as close as possible to older ones, making frac hits inevitable.
Airborne Dust Limits Finalized for Sand Use in Hydraulic Fracturing
A closer look at technological and mechanical solutions being developed to limit exposure to respirable silica dust during hydraulic fracturing operations in the wake of US government regulations.
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27 March 2020