🚨 [URTeC 2024 Paper] Enhancing Production Forecasting Accuracy: A Machine Learning Approach in the Permian Basin Half of lower-48 production comes from wells under 18 months old, which are poorly modeled by traditional decline curves due to sparse and noisy data from varying state reports. Accurate forecasting of these wells is crucial for NPV calculations and supply projections. Our paper compares machine learning methods to traditional curve fitting to assess potential accuracy improvements in forecasting young horizontal wells. ✅ Join us for the URTeC technical presentation on Tuesday, June 18th, 2024, as part of Theme 7: Production Forecasting II Can’t make it to the presentation? Sign up for the waiting list to access the paper post-event: https://lnkd.in/e7TkrkVm Unconventional Resources Technology Conference (URTeC) #urtec #permian #midland #oil #gas #upstream #oott
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Account Manager | Project Manager | Well Construction Solutions Lead | Drilling Engineer Senior
As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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Project Management | CCUS | Hydrogen | Class VI Permitting | Direct Lithium Extraction (DLE) | Geothermal | Sustainability | Operational Management | Auditor
As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
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As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways.
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
-
As carbon capture, utilization, and storage (CCUS) becomes a critical part of the decarbonization strategy, lessons learned from enhanced oil recovery (EOR) can help provide a path forward. For more than four decades, Halliburton has used CO2 in places like the Permian Basin in Texas to help customers maximize reservoir output. In the past, engineers have used this technique to pipe naturally occurring CO2 underground to oil fields. In his main stage session at the Carbon Capture & Hydrogen Technology Expo, Steven Knabe, global director of Evaluation and Production explained the relationship between EOR and CCUS. Click the link below to read his key takeaways. Halliburton
Enhanced oil recovery (EOR) is the unsung hero of CCUS
halliburton.com
Calendar marked! Looking forward to this! #URTeC2024