Production optimization directly improves oilfield profitability by increasing sustained oil and gas output from existing wells, reducing lifting costs, accelerating cash flow, and lowering emissions ...

Several field cases show how Shell Group’s use of software for monitoring and optimizing production has reduced decline rates. Software data-driven well models allow prediction of changes to overall ...

Reservoir engineering and production optimisation form a critical nexus in the sustainable and efficient extraction of subsurface hydrocarbons. This interdisciplinary field encompasses a broad range ...

Of the total number of wells globally to use artificial lift, 40% employ sucker rod pumps. Pump optimization generally follows established rules of thumb. More advanced pump features, such as pump off ...

Schlumberger Ltd. SLB announced that it has formed a joint venture (JV) with HEAL Systems, previously Production Plus Energy Services Inc. The JV is related to the development of the company’s ...

ADNOC has partnered with SLB and Cognite to deploy an AI-powered production optimization platform across its upstream operations, aiming to boost productivity and streamline decision-making as part of ...

Purpose: Prepare an FPSO to sustain safe, high-value production by configuring people, processes, equipment, and control systems so the asset can operate at its true constraints, not perceived ...

The challenge was to optimize the high growth rate of spirulina, the photosynthetic microbe Lumen uses to produce recombinant proteins for its vaccines and therapeutics, while simultaneously achieving ...

ATLANTA, Dec. 8, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging" or the "Company"), a global leader in sustainable consumer packaging, today announced ...