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Exploration/discoveries
Equinor Increases Ownership in the Statfjord Field
Statfjord has produced 5.1 billion barrels of oil equivalent over its four-plus decades online.
Data management
Wintershall Makes Deal With Ikon To Consolidate Data
The oil and gas firm has decided to use Curate, Ikon’s scalable cloud-enabled subsurface-data-management software.
Offshore wind
Westwood Eyes China, Other Investment for Offshore Wind Boost in 2022
Subsidies lapse while others take hold in a bid to bolster offshore wind energy capacity around the globe.
Energy transition
How Frictional Energy Helps Explain The Geopolitical Consequences of Energy Transition
Recent events serve as a stark reminder that nations must ensure they have broad access to hydrocarbons and protect their power grids as they venture forward in the energy transition.
Emission management
Three-Year Study Identifies Methane Super-Emitters in the Permian Basin
EDF and Carbon Mapper find more than two dozen facilities producing the same near-term climate pollution as about 500,000 passenger vehicles.
Exploration/discoveries
Chevron Transfers Stake in Suriname Block 5 to Shell
State-run Staatsolie retains its 40% stake in Block 5.
Business/economics
Things Are Looking Up for the Big Three OFS Firms After Reporting a Collective $16 Billion in Q4 Revenue
The leading oilfield services firms say a multiyear upcycle is driving improved pricing and technology uptake.
Production
The Sound of One Fracture Flowing
It appears to be possible to sense how fractures change during production using ultrasensitive fiber-optic strain measurements.
SPE News
2021 SPE Salary Survey Offers New Benefits Analysis
The 2021 survey report offers additional data about the benefits employers are offering by region, job level, engineering title, and comparisons of pay changes by types of engineers.
Fracturing/pressure pumping
Patent-Pending Rigless Chemical Process Enhances Oil and Gas Production in Eagle Ford
A rigless chemical frac-hit remediation process was designed to address the damage mechanisms of capillary phase trapping, reduced hydrocarbon relative permeability, paraffin deposition, and minor scale deposition.
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