Asset/portfolio management
Two examples from ONGC show how supervised AI-driven automation scaled well modeling across hundreds of offshore wells, saving more than 1,000 engineering hours.
Examples demonstrate how an Integrated Operations Center as a Service (IOCaaS) model, powered by artificial intelligence, reduced costs by 5% and increased production by 6% in Canada.
Equatorial Guinea government formalizes deal that paves the way for Block I development.
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The acquisition marks a significant step forward in H&P’s international expansion strategy. -
The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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The deal significantly expands the company’s position in the Bakken Shale play of North Dakota.
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Automated workflow unifies geological, completion, and production data to inform speedier, better investment decisions for nonoperated assets.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.
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The contractor sells rigs and Qatar JV stake to Gulf Drilling International in $338 million deal.
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SponsoredWhich criterion do you rely on to make mutually exclusive decisions: Net Present Value or Rate of Return? When NPV and ROR are not in agreement, you must develop a proper incremental analysis to make the best economic choice.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
