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The Norwegian operator’s disclosure marks the first time all subsurface and production data from a field on the NCS will be available for public viewing.
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Each year, SPE selects professionals, nominated by their peers, to share their knowledge and expertise with SPE members through visits to local sections.
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Already poised to produce more than 500,000 B/D offshore Guyana, ExxonMobil added yet another discovery to its bounty in the emerging regional oil powerhouse, meaning a fourth development phase could be in order.
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Permian oil output is growing fast, pipeline capacity is full with little relief in sight, truck drivers are in short supply, and the value of basin-produced crude is sinking. Is a drop off in activity—including drilling and production—becoming inevitable?
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When the drilling crew arrives for the morning meeting, the computer will have generated its daily operations report.
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Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts.
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Prices are up, and so is production. But a new report from BP raises important questions as to how the biggest producers will respond to shifting dynamics.
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A report from IHS Markit forecasts continued strong production growth in the Permian over the next 5 years despite the well-documented challenges that have recently emerged in the basin.
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As oil production grows by millions of barrels in the Permian, so does the water. A report from Wood Mackenzie offers an estimate of the cost and who will be affected most.
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Acquiring data from an abandoned subsea well has been done before, but never quite like this.
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Equinor and ExxonMobil continued their aggressive pursuit of acreage offshore Brazil, collecting more blocks in the country's 4th pre-salt bid round.
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A startup company has created a system to create thousands of offshore development ideas by rapidly putting together components like building blocks, which its founders argue will force design teams to look outside their comfort zone.
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