The press release from BP states that the forecast was to produce 12 Mboe/day at peak. So far, they have exceeded this, reaching 15 Mboe/day at peak since the start-up…
The Digboi oil field lies in the remote north-eastern corner of Assam in India near the borders with Myanmar and China. Discovered in 1889, it can probably claim to be…
A combination of political, social and economic events is used to explain the rise of the United States into an industrial power. However, there is another factor that played a…
Enerdata reports that China’s production of raw coal increased by 4.2%, together with coal imports which rose by 6.3%, benefiting from declining prices. The decline in crude oil production since…
The Oil and Gas Authority (OGA) of the UK came with a press release today, where the chairman of the OGA, Tim Eggar, in a speech called up the industry…
There are many gas discoveries, and associated gas in oil discoveries, that could possibly be developed in the Barents Sea. Investment cost in new infrastructure and distance to the market…
Lundin Norway AS stated in a press release today that the most talked-about discoveries of the Barents Sea in 2013 and 2014, the 7120/1-3 ‘Gohta’ and 7220/11-1 ‘Alta’ discoveries on…
Sina Mohajeri and Matthias Hartung, Target Energy Solutions
Coupling deep learning methods with dynamic reservoir models can result in tremendous time saving and more reliable production forecasts in oil and gas production. Reservoir models are vitally important in…
“This is an important milestone in the joint project that we have been working on for seven years,” says Elisabeth Birkeland Kvalheim, Country manager for Equinor in Russia. The North Komsomolskoye…
It is estimated that the remaining reserves in the area increase by 136 million barrels of oil. The field was proven in 1967, and the original PDO was approved in…