Asset/portfolio management

The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
Operators shared behind-the-scenes details on innovations like drilling horseshoe wells and trimulfrac completions along with in-basin challenges like handling produced water during SPE’s Permian Basin Energy Conference.

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