Business/economics
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
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This paper presents a comparison of existing work flows and introduces a practically driven approach, referred to as “drill and learn,” using elements and concepts from existing work flows to quantify the value of learning (VOL). -
In North America’s most active shale fields, the drilling and hydraulic fracturing of new wells is directly placing older adjacent wells at risk of suffering a premature decline in oil and gas production.
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A Houston-based energy consultancy concludes that a series of downturn deals have contributed more to the resiliency of the US shale sector than a rise in oil prices.
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Schlumberger and Weatherford are forming a joint venture to tackle the North American unconventionals oilfield services market.
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IEA Executive Director Fatih Birol told oil E&P leaders at the IHS CERAWeek conference to invest now to prevent an oil supply shortage in several years.
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Industry CEOs examine the role of global trade with the UK Minister for Energy and Industry.
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Sanchez Energy’s COO discusses the company’s project management strategies in its Eagle Ford operations.
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Russia has looked to the east to find more oil and gas, growing markets and investor support, allowing it to shrug off the global slump and trade sanctions.
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The deal will transfer nearly 2 billion bbl of reserves to Canadian Natural Resources while bolstering Shell's downstream and carbon-capture role in support of oil sand development.
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At IHS CERAWeek, Saudi Arabian Energy Minster Khalid A. Al-Falih and Pemex Director General José Antonio González Anaya expressed cautious optimism for the short-term outlook.
