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The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin's E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021.

Chevron assets in Texas and Colorado have earned high marks for control of methane emissions under a pilot program with Project Canary, paving the way for its sale of responsibly sourced gas.

The Russian president has signed a decree that appears to nationalize the Sakhalin-2 offshore oil and gas production-sharing agreement and related LNG facilities to squeeze out its foreign partners.

Energy transition in the UK will require absolute commitment to projects and deadlines. A slower pace of the development of energy transition projects will be less able to support the supply-chain critical mass so essential to reaching net zero.

Although energy efficiency has long been mentioned as a means toward achieving Paris Agreement goals, the “more exciting” announcements about carbon capture and storage grabbed attention. Will concerns about energy security and high prices help bring it to the forefront?

The paper investigates estimation of optimal design variables that maximize net present value for life-cycle production optimization during a single-well CO2 huff ‘n’ puff process in unconventional oil reservoirs.

The paper presents a time-domain electromagnetic tool capable of quantifying four barriers individually and inspecting a fifth barrier qualitatively.

How do you make new money from old offshore fields? The choice between investing in older assets or decommissioning them depends on oil and gas prices, the ingenuity of technical people, and the willingness of a company’s executives to hold on to older assets.

It has often been considered risky to use heavy drillships in depths below 2,000 ft. However, a good measure of innovation and market timing has recently proved otherwise.

This year, the SPE Artificial Lift Conference and Exhibition–Americas will be held 23–25 August in Galveston, Texas, with the theme “Modern Artificial Lift–Adapting to a Changing Industry.” The event provides opportunities for technical professionals to gain insights into current trends and field experiences and explore innovative solutions. A special Legends of Art…

The paper describes an approach to history matching and forecasting that does not require a reservoir simulation model, is data driven, and includes a physics model based on material balance.

This paper presents a physics-informed neural network technique able to use information from fluid-flow physics as well as observed data to model the Buckley-Leverett problem.