Asset/portfolio management
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) examines the closed-loop IRM approach, from insight to execution to learning, and the limits of technology-driven solutions.
DNO outbid Genel Energy for the deal, which Genel said it may challenge, according to a filing with the London Stock Exchange.
The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry. -
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil & Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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EQT is benchmarking its way to basin-leading productivity and relying on partnerships and new technology to turn KPIs into operational reality.
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The authors write that deployment of artificial-intelligence-based high-gas/oil ratio well-control technology enabled stabilization of well performance and maintenance of optimal production conditions.
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After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
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A memorandum of understanding between the companies targets technical services for safety and performance across Egypt’s onshore and offshore assets.
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The deal includes Waygate’s inspection portfolios and is expected to close later this year.
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The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
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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.
