greenfields
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Chevron recently revealed new details about its first-of-a-kind deepwater development in the Gulf of Mexico. We’ve picked some of the most interesting to share with you here. -
The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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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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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.
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Uganda is on course to become the newest African oil exporter by 2025.
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A new report from Rystad Energy expects more than $200 billion will flow into greenfield offshore projects over the next 2 years.
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Wood Mackenzie said "advantaged barrels" that are cheap to extract and with low emissions represent less than a third of untapped resources.
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The decision to spend more than $700 million comes 4 years after the French giant shelved the project amid low oil and gas prices.
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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil.
