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The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
The deal awards the first concession in the Middle East for unconventional oil resources.
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The produced water conundrum in the Permian Basin will be solved by a mix of recycling, disposal, and future breakthroughs in technology currently being studied. -
By 2030, deepwater production is expected to rise 60%, but after that, reduced leasing and exploration could limit this small slice of the sector.
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The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
Get JPT articles in your LinkedIn feed and stay current with oil and gas news and technology.
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Makers of continuous sucker rods are out to convince customers that it really is possible to make a better sucker rod that could save them some money. -
Recent studies have reignited the question of whether US oil and gas companies are ignoring the opportunity to refracture large swaths of maturing assets. -
In this second part of a two-part series on advances in artificial lift, we’ll look at the state of optimization and a trio of techniques and technologies under development or new to the market. Look for quarterly reviews of specific types of lift in upcoming issues in the new year. -
US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron.
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Injecting gas plus water proved more effective and less costly than gas-only injection in the Bakken.
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Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
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The authors of this paper use a pattern-review technique in a complex brownfield as a tool to understand reservoir connectivity and dynamic fluid movements across the field.
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Opening additional channels of communication with our members provided important feedback to move forward with the Strategic Plan.
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SponsoredWhy oil and gas companies can’t get the data they need for production optimization (and how to change that). -
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Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
Pemex and New Fortress Energy partner up to develop the Lakach gas field.
High prices have predictably led to production booms that end in busts. But in this cycle, the focus has shifted from production growth to cash flow growth.
The supermajor is expected to put off green-lighting the presalt project for up to 2 years.
Nabors' RZR-equipped rig has successfully drilled multiple horizontal wells in the Permian Basin.
The CO2 capture capacity of all CCS facilities under development increased 44% over the past 12 months, bringing the total capacity of those projects to 244 mtpa of CO2.
The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
The authors discuss the development of a deep-learning model to identify errors in simulation-based performance prediction in unconventional reservoirs.
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This paper provides a work flow based on research in two methodologies to estimate formation-water salinity, enhancing the quality of saturation evaluation for quick decision-making during logging operations.
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This paper presents a mathematical analysis of how incorrect estimates of initial reservoir pressure may affect rate-transient analysis in ultralow-permeability reservoirs.
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The authors describe an integrated multiscale data methodology involving machine-leaning tools applied to the Late Jurassic Upper Jubaila formation outcrop data.
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