Business/economics
The deal hands Diversified nearly 500 gross operated wells producing 68,000 BOE/D.
The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
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.
-
Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade. -
This paper illustrates a case study from a greenfield oil development in Sarawak that is planned for a fit-for-purpose development scope to create value and develop oil resources in a phased manner within 4 years of project framing.
-
This paper aims to optimize well trajectories in offshore reservoir development by applying a Pareto-based multiobjective approach.
-
This paper presents a reduced physics-based model that accelerates the ability to screen infill-location optimization, using the fast marching method to maximize production for a reservoir with multiple realizations.
-
Oil prices are high, but spending has not caught up—yet. Meanwhile, exploration strategies are changing around the world toward a lower-risk model, and the frenzied pace of US M&A has very much cooled off.
-
The world produces vast volumes of carbon dioxide, and CO₂-EOR is one of the best-established techniques for increasing oil production. Despite this, its use remains limited because of economic, logistical, and operational challenges.
-
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
-
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
-
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
-
Gran Tierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel & Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
Page 1 of 183