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Supervised learning was used to develop an ensemble of models that account for historical production data, geolocation parameters, and completion parameters to forecast production behavior of oil and gas wells.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
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Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
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The combined effort aims to reduce the time necessary for and increase the detail and accuracy of seismic interpretation, including for carbon sequestration studies.
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The 2023 Offshore Energy Digital and Data Maturity Survey report aims to deepen understanding of how organizations are applying data and digital technologies to help transform the UK energy system to achieve net zero targets.
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The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
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The supermajor expects its latest development will be online by 2027 and add 250,000 B/D to Guyana's soaring output.
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If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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The new rule aims to cut energy waste from venting, flaring, and leaks and is expected to help generate $50 million annually in additional natural gas royalty payments.
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The money from the Bipartisan Infrastructure Law will go to help Tribes plug orphaned oil and gas wells, combat climate change, and protect natural resources.
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