Libya’s NOC Says Schlumberger Agrees to Tech Transfer to Reopen Wells

Libya’s National Oil Corp. (NOC) said on Dec. 2 its Chairman Mustafa Sanallah and Schlumberger Ltd. CEO Olivier Le Peuch agreed on technology transfer talks to help restart the country’s oil wells and improve output.

EOG Shares Insight on Dorado Gas Discovery in Austin Chalk, Eagle Ford

EOG’s newly unveiled Dorado natural gas play has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the Austin Chalk and Eagle Ford Shale formations.

EOG Adds 21 Tcf Resource Potential with Austin Chalk, Eagle Ford Gas Play

The Houston-headquartered company said Nov. 5 that the Dorado play has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay.

USGS Boosts Austin Chalk Resource Estimates to Nearly 7 Billion Barrels of Oil

The Austin Chalk assessment, which includes the Tokio and Eutaw formations, is believed to also hold about 41.5 trillion cubic feet of natural gas, the report shows.

Resource Estimate Rises for Exxon Mobil, Partners Offshore Guyana

Up to 10 FPSOs could be needed to develop the prolific oil and gas resource base on the Stabroek Block, according to partner Hess Corp.

Turkey Lifts Black Sea Gas Field Estimate after New Find

President Tayyip Erdogan said in August the field north of the Turkish coast in the Black Sea contained 320 Bcm of gas, making it Turkey's biggest natural gas discovery.

Pantheon Upgrades Resource Estimates for Alaskan North Slope Field

The company said analysis of the Kuparuk Formation at its Talitha project points to an estimated 1.4 billion barrels of oil in place.

Weatherford Launches ForeSite Sense Reservoir Monitoring Solution

Weatherford International Plc has launched ForeSite Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow, the company said on Oct. 5.

Bringing New Levels of Flexibility to Well Testing Operations

Live downhole reservoir testing enables dynamic data acquisition in Asia, the Middle East, North Sea and Africa.

Drawdown Management in Unconventional Reservoirs

A real-time workflow evaluates flowback data and improves well performance.