Business/economics
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos. -
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 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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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 examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.
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This month’s column offers an inside look at SPE’s governance, highlighting the Board of Directors and the selection process for its members. SPE President Olivier Houzé revisits lessons from the 2022 SPE-AAPG merger discussions and wraps up with actionable ideas to boost transparency and member engagement.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
