IPTC

Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.

Data quality and mission clarity matter more than ever, according to experts speaking at this year’s International Petroleum Technology Conference in Kuala Lumpur.

The conference has expanded its award categories to include additional project and individual awards.

ExxonMobil’s Liza Phase 1 and Phase 2 project and ADNOC’s CCUS Evolution Journey were the winners at the conference taking place this week in Dhahran.

TotalEnergies’ flagship ultradeep Egina field won the award at the 15th International Petroleum Technology Conference held earlier this month in Bangkok, Thailand.

Projects in the running include one each from Nigeria, Saudi Arabia, and Guyana.

Geopolitics have led to nearly historical highs in gas and oil prices. The underinvestment in upstream oil and gas has strongly impacted both production capacity and record-low reserve discoveries. Addressing these issues among others, IPTC in Riyadh, Saudi Arabia, was a strong start for SPE this year. To determine the right path forward after the discontinuation of t…

The acquisition adds well completions services for conventional and unconventional reservoirs.

The first interdisciplinary oil and gas conference to be held in Saudi Arabia, the 12th International Petroleum Technology Conference, was the largest in its history in attendance. This features highlights of the panel and technical sessions, and an interview with Saudi Aramco CEO Amin Nasser.

Developing an asset requires key investment decisions to be made early in the process, and as a result, some critical cost evaluations—such as abandonment—are often ballpark estimates. Adjusting the parameters for evaluating these costs can lead to more-accurate project valuations.