Business/economics
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
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DeepOcean has agreed to a contract with Equinor to provide subsea inspection, maintenance, and repair (IMR) services offshore Norway. The contract, which will last up to 9 months, includes use of the Normand Ocean vessel for offshore work. The work primarily involves subsea ROV operations covering IMR activities for Equinor’s assets on the Norwegian Continental Shelf,…
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Calgary-based Colombia producers Canacol Energy and Parex Resources led all firms by gaining three blocks each, with one more counteroffer from Parex pending review. -
The American Petroleum Institute has published a significantly updated version of a key safety standard aimed at enhancing the oil and natural gas industry’s commitment to worker safety, incident prevention, and environmental protection in offshore operations.
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The Spanish oil and gas company says existing or foreseeable technologies will achieve at least 70% of its ambitious plan to shrink its carbon footprint.
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It is the first time the country was a net exporter of crude and petroleum products during a month since the US Energy Information Administration began keeping such records in 1973.
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US crude oil production will reach a record level of 12.29 million B/D in 2019, increasing faster than expected both this year and in 2020, according to the latest US Energy Information Administration (EIA) forecast. Output will rise to 13.29 million B/D next year.
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The succession at the top role comes amid the independent’s expansion beyond the Eastern Med, with recent acquisitions of North Sea and US Gulf of Mexico assets.
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Most of ConocoPhillips’ oil and gas production by the end of the next decade will come from its unconventional operations. But, for the near-term, the Houston independent will rely on conventional assets as it seeks to keep spending in check, decline rates low, and cash flow on the rise.
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The plan targets some $50 billion in free cash flow over the period while growing production more than 3%/year.
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Business Development VP Kirstie Boyle joins The SPE Podcast to talk startups. Recently part of a $4.5-million funding round, Kirstie shares what makes Interface Fluidics flow.
