Production in the area, which spans Texas and New Mexico, could reach 5.4 million boe per day by 2023, putting it ahead of every OPEC country except Saudi Arabia.
ESAI Energy’s pipeline assessments address the status and timing of proposed pipeline projects and estimate the impact these projects have on the origin and destination points in key markets.
In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first time since February 1999.
According to GlobalData, the wide variance in economic performance among operators in the unconventional horizontal wells that were refractured in Haynesville, Louisiana, US, during 2017- 2018 highlights the need for refracturing techniques to evolve to increase success cases for operators.
Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, reports a production update and development plan for the Company's Mitchell County assets in the Permian Basin.
EM&I - the international asset integrity specialists - have just been awarded a patent by the United States Patent & Trademark Office for their ODIN® diverless UWILD (Under Water Inspection in Lieu of Drydocking) technology, which is used for both hull and valve inspections & repair.
The deal, one of the largest acquisitions in BP’s history, gives the company secure access to new projects that can contribute on a large scale to growing its production.