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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For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.
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The French operator withdraws from flagship deepwater project.
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The industry group called the decision by the court “misguided” and said it will result in significant uncertainty for Gulf of Mexico producers
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Acquisitive oilfield contractor has been bolstering its water and waste assets for the past half year.
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A federal judge tossed out the results of Sale 257, held last November, because of what it said was the government’s underestimation of the potential effect on the environment.
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The web-based tool may be applied throughout an energy project's life cycle.
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The Oklahoma City-based shale gas explorer said the concurrent deals will simplify its portfolio and lower its overall emissions rate.
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Why you should be cautious about using today’s higher inflation rates in your asset-retirement calculation.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.