Business/economics
Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.
Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
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Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations. -
Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
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Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE.
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
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A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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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.
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SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
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This paper presents three examples covering both gas and oil fields at different stages of their lives that show how estimated ultimate recovery (EUR) and the corresponding range of EUR uncertainty varies over the life of each field.
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This paper analyzes a 2021 merger to understand the distinct advantages gained from applying a probabilistic approach to the financial analysis of mergers, acquisitions, and divestitures.
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