June 27, 2022
Ecuador’s oil production is likely to halt completely within 48 hours if road blocks and vandalizing of oil wells continue, the Energy Ministry said in an emailed statement.
March 16, 2022
Valero Energy Corp and Marathon Petroleum Corp., along with Shell Plc’s trading unit, are rushing to secure Ecuadorian barrels after America banned imports of Russian crude.
A mature field in Ecuador posed a range of challenges that threatened its long-term economics. Extended-life ESPs, combined with remote real-time surveillance, were a viable solution to handle gassy, sandy wells with steep production decline, saving $2.5 million in workover costs.
An effectiveness analysis of various completion designs for reducing water production yields significant benefits during field development.
FactoryTalk software, virtual servers replace aging human-machine interface infrastructure as part of multi-facility upgrade, which saved the operator considerable expense.