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The North Caspian Project in Kazakhstan covers the Kashagan, Kairan, Aktoty, and Kashagan South West fields. A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology. Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline. Sourcing water, flowback water services threatened as D&Cs decline. Cutbacks in oil and gas production and drilling and completions will result in a decrease in produced water and will also lead to a reduction in water infrastructure investment.
The investment group Wilks Brothers, now owners of Carbo Ceramics, has sought stakes in other OFS companies this year. The contraction of the shale sector and its operations such as drilling and completions due to COVID-19 and the drop in oil price has sifted down to the frac sand suppliers. A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology. Sourcing water, flowback water services threatened as D&Cs decline.
What Are the Market Drivers for a Recovery? Crude oil and natural gas prices may recover moving into 2021, albeit at different rates brought on by a variety of market dynamics. Geopolitics and the potential for another wave of COVID-19 cases and resulting lockdowns still pose a threat to the industry. The EPSO surveys were completed offshore Mexico for Total and Cairn in compliance with requirements of Mexico’s National Agency for Safety, Energy, and Environment. Intertek’s program aims to provide validation of the carbon impact of producing 1 BOE across an entire production portfolio, in aggregate, or by field.
Another reminder that it costs more to coax the same amount of oil from new wells as for older wells nearby, with a closer look at the big plays and how the wells are completed. PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin.
The Powder River Basin has emerged over the past year as the latest source of oil production growth for the Lower 48. Companies ranging from a reborn Samson Resources to US onshore mainstays Devon, Chesapeake, and EOG are now betting on the basin to become a long-term core asset. Colorado’s industry lacks the size, variety, and Wild West characteristics of Texas, but that is precisely why the Centennial State’s oil production is surging to record levels. This paper describes a comprehensive field study of eight horizontal wells deployed in the stacked Niobrara and Codell reservoirs in the Wattenberg Field (Denver-Julesburg Basin).
The shale sector is making moves to consolidate amid investor pressure to increase cash flow. This deal will form the second-largest producer in Colorado’s DJ Basin. PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin. Baker Hughes is developing a drill bit capable of auto-adjusting its depth-of-cut feature to handle dynamic drilling conditions. Drilling the Severnaya Truba field in Aktobe, Kazakhstan, has been costly and time consuming.
A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework Classification (UNFC). Pemex and Talos Energy have 120 days to decide how to share a massive offshore field that both companies claim they should operate. Failure to come to terms means the government will decide the matter. Putting together the billions of dollars needed to develop deepwater finds has become tougher, but when the discoveries are huge, companies will make every effort to find a way to tap what may be a cheap source of oil. The complete paper analyzes the role of liquefied natural gas (LNG) in balancing the natural gas demand in the Middle East/North Africa (MENA) region.
The oil and gas industry is increasingly characterized by complex connectivity, but our digital dependency brings a new realm of cyber risks. Just 3 years after its landmark merger, GE has announced that in the next 3 years it plans to sell of all its remaining shares in Baker Hughes. The legacy service provider operates in every major shale basin in the US and Canada. In court filings, it says it will seek additional funding to sell its equipment and wind down operations. Chevron strengthens its North American position with assets in the Permian, DJ, and Eagle Ford basins and offshore in Israel and West Africa. With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull.
An intelligent drilling optimization application performs as an adaptive autodriller. In the Marcellus Shale, ROP improved 61% and 39% and drilling performance, measured as hours on bottom, improved 25%. With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull. A test showing that it’s possible to automate the billing process for produced water hauling has opened the door for tracking a wide range of field activities. The industry downturn brought on by COVID-19 has motivated big companies to test practical applications sooner.
Models were developed for these wells for future water-production prediction and a spatial analysis was also conducted. This study summarizes hydrate-inhibition practices for these sea lines, and indicates a possibility of using them as indirect thermometers to provide important physical oceanographic data. Results of the experimental and numerical heat-transfer analysis conducted on a T-shaped acrylic-glass pipe, representing a production header in a subsea production system with a vertical deadleg. Oily waste, is an intrinsic byproduct of the oil and gas industry and thermal desorption units with an odor-treatment system can bring technical and economic advantages to the user. The Hail 3D transition-zone seismic survey carried out by ADNOC is located in a UNESCO world-biosphere reserve. Effective environmental and ecological management throughout the project was attained through working procedures and monitoring programs. The understanding of solid-particle flow regimes in pipelines for any operational conditions is important for identifying the nature of particle interaction and movement. In this paper, a comprehensive analysis of solid-particle flow regimes in stratified flow in a horizontal pipeline is presented.