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The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.
Collaboration seems to be the name of the game as a slew of companies get together to drive the energy transition. These companies are focusing on alternative sources of methane, new ways of making hydrogen, and new ways of keeping track of it all.
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“Where is Shell based?” The answer to that is likely to get simpler very soon. -
Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.
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Although offshore drilling demand is slowly getting better, headwinds remain.
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Insights from an ongoing industry study on North American shale wells help explain what frac hits, or fracture-driven interactions, are doing between offset wells, and why.
The Great Crew Change is all but over, Gen Xers are now managing Baby Boomers, and the oil and gas industry is morphing into the energy industry. Is this the end of an era or a new start for petroleum engineering education?
Shell’s sibling solutions for its Vito and Whale deepwater US Gulf developments are proving the “design one, build two” model can work.
Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
The national oil company plans to tap into what is claimed to be the world's largest single-site solar power plant and the region's first nuclear power plant to decarbonize its operations.
ExxonMobil has drilled a horizontal well with a rig billed by Nabors as the first fully automated land rig. The big question now is whether ExxonMobil will come back for more after this three-well test.
Intellilift and Transocean are working together on a software solution to expedite the well construction process.
The most promising AI approach you’ve never heard of doesn’t need to go big.
Monthly Features
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The difficulty in selling a chemical to aid subsea pipeline flow has been delivering it to the wells. -
HCl acid stimulation of carbonate production requires the retardation of the HCl-carbonate rock reaction to achieve the optimum balance between total fluid used and the enhancement of well production. The described investigation was done offshore Sarawak using Indiana Limestone cores. -
Mixing dry polymer powder and water to make friction reducer as needed during fracturing can cut the cost of the additive and the testing of whether a drastically simplified recipe performs as well as more-complex mixes. -
Each year during its Annual Technical Conference and Exhibition (ATCE), SPE honors members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients were recognized last month at ATCE in Dubai.
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SponsoredShell needed an easy-to-use, simple well monitoring solution. Could an IoT wireless solution measure up to a classic wired approach?
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The authors develop a data-driven approach, enabled by machine learning, to find an optimal operating envelope for gas-lift wells.
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Using electricity to run oilfield operations is supposed to make everything better, but just getting the power needed is a challenge.
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President's Column
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There is a general feeling that we may finally be getting out of the pandemic situation, after 18 months of a complete transformation of the way we work, communicate, and move.
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SponsoredGot carbonates? Then you know the challenges of acidizing. A new autonomous outflow control device can give you greater control and significantly improve your results. -
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Technology Focus
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SponsoredWellbore deformation can occur at any stage in the life of a well. Whether a result of changes in temperature, pressure or tectonic forces, wellbore deformation may result in serious downhole issues such as restricted access for interventions or the loss of well integrity that may ultimately lead to premature well abandonment and significantly reduced economic perform…
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SponsoredExtended reach wells provide access to otherwise inaccessible areas, improve production and reduce footprint. Advancements in completion technology allow producers to eliminate coiled tubing, perforation guns and milling out operations to lower project risks, costs, and environmental impact.
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ExpressFiber is a single-use system that uses disposable-fiber technology.
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