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ExxonMobil’s ninth discovery offshore Guyana solidifies the area as a premium offshore basin.

The Spanish E&P company plans to invest more than $11 million by the end of 2018 on startups working in established priority areas, which include resource reuse and sustainability measures.

Recent advances in field development are not based on specific technical breakthroughs (although shale oil and gas and deep oil owe a lot to those) but on economic models and scenarios run at the very beginning, before any dollar is invested.

Gas is forecast to overtake oil as the world’s primary energy source in 2026. LNG, with capacity expected to double by the late 2040s, will connect the shifting sources of gas with changing demand centers.

The benchmark comes as operator Eni solidifies concession agreements and ramps up exploration and development in the North African country.

The EPC engineering workflow is synopsized as a one-page view.

The data collected via monitoring and metering applications are increasingly viewed as central to assessing production performance and in decision making to optimize field development and operations.

Qatargas will provide 3.4 mtpa of LNG to China. PetroChina signed a 22-year agreement with the world's largest LNG-producing company.

WPX Energy COO Clay Gaspar discusses his company’s timely transformation into a Permian player and the challenges that lie ahead in the basin.

The results of numerical simulations for the Lost Hills field were not successful because of the special characteristics of its diatomite reservoirs—low permeability but high porosity, weak rock strength, and strong imbibition.