field development

The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.

The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.

First oil is expected from Phase 1 of the project in 2028, with up to four more phases planned.

This paper reviews lean construction management processes adopted in the Apani Field development, from facility design to construction management and drilling-location preparation.

Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.

Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.

Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.

Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.

The authors make the case that data science captures value in well construction when data-analysis methods, such as machine learning, are underpinned by first principles derived from physics and engineering and supported by deep domain expertise.

The companies plan to develop new artificial-intelligence-powered processes and workflows to optimize oil and gas production.