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When Numbers Lie: What Permian Basin Spacing Trends Don’t Tell Us About Well Performance

Novi

Examining the relationship between oil production and proppant , we see both the Delaware Basin (Figure 1) and Midland Basin (Figure 2) showing a production increase with proppant intensity. Figure 1: Delaware Basin 12 month cumulative oil production per lateral foot, plotted against proppant per lateral foot used in the completion.

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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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AI advisor helps exploration geologists make better, faster predictions

IBM: Oil & Gas

Working with IBM Research in Zurich and IBM Services , we developed the Exploration Advisor Tool, or EAT, an intelligent search engine for explorationists that uses AI to analyze a vast trove of unstructured geological data and information. Finding the relevant information by conventional means is time consuming.

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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. This allows each Dual Drive compression unit to switch between drivers at any time to actively manage greenhouse gas emissions and the use of the electrical grid. In fact, the No.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

LOCATION-LOCATION-LOCATION The Autazes project is located along the Amazon Potash Basin, in NW Brazil, about 100 miles from the city of Manaus. The mine is expected to have a life of 23 years at this rate based on drilling only a VERY small portion of this potentially massive potash basin. Which is a BIG advantage! from 2023 to 2027.

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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360Âş

Energy Information Administration expects crude oil production to rise to a new record average of 13.61 And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. million bpd in 2026. The CEO of U.S. Benchmark U.S.

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