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The national oil company credits lean operating practices and AI for making the three-well, 45,000 B/D project economically viable.
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Contractor will design FPSO hull and related topsides facilities for the project located in the Santos Basin offshore Brazil
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The world's largest oilfield service company made the deal to expand its exposure to the less cyclical production segment of the upstream business.
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A 44-well development tests what ConocoPhillips has learned about maximizing the value of the wells by figuring out how they drain the reservoir.
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Jennifer L. Miskimins is the nominee for 2026 SPE President. She and six others make up the new slate of nominees recommended for positions open on the SPE International Board of Directors.
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The use of oil-based muds has precluded countless drill cuttings from being used to predict reservoir fluids despite once being part of the reservoir. A 6-decade-old technology may be on the cusp of changing that.
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To avoid costly interventions like sidetracking or wellbore abandonment, a check-valve system was installed near the sandface within three injector wells which prevented the mobilization of fines from the reservoir into the wellbore by stopping backflow.
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Pink hydrogen, produced through water electrolysis powered by nuclear energy, recently drew attention which underscored the complexity of decision-making in advancing such projects.
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The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf.
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Enhancement to the drillship comes ahead of work commitment on Shell's Sparta development in the US Gulf of Mexico, its first in the Gulf to produce from 20K reservoirs.
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Jim Gable, president of Chevron Technology Ventures, shares how CTV works with startups and how their technologies go big.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.
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