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The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
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With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
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This case study presents a procedure in which the operator compared production from wells with adjusted wettability to a control group, finding that the adjustments resulted in significant improvements in production and reductions in produced water.
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This guest editorial addresses the need for high-temperature directional drilling technologies as the number of rigs used to develop next-generation geothermal wells is set to rise in the coming years.
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As equipment advances to handle extreme pressures and temperatures, new Gulf opportunities are emerging—alongside increasing operator demands for standardized, scalable, faster, and more affordable solutions.
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Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
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Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
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Bridging the gap between foundational guidance and real-world application, SPE’s Oil and Gas Reserves Committee is advancing PRMS education with a new, peer-reviewed training initiative. This article highlights the evolution of the PRMS knowledge base and introduces the PRMS Training Master Slides—a modular, instructor-led framework designed to improve consistency, cl…
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The US federal government is working to stymie offshore wind power, but proponents aren’t going quietly. Armed with data, they are taking on a sea of misinformation and hostility to defend the burgeoning resource in the US, while the rest of the world moves ahead briskly.
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The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
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The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
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