Business/economics
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.
This guest editorial examines why geothermal projects require a different planning, financing, and development approach than traditional oil and gas projects.
After years of market shocks, technological breakthroughs, and rising uncertainty, ATCE 2026 will provide new insights on how industry leaders and technical experts are preparing for the next era of the upstream business.
-
The proposed sale notice consists of more than 300,000 acres in three designated areas offshore Louisiana and Texas. -
The company has tapped Bechtel to complete the front-end engineering and design study of the expansion, which would add 20 mtpa of LNG production capacity.
-
The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
-
Equinor advances Irpa and Verdande field development projects closer to first oil with a raft of contract awards.
-
An International Energy Forum report says oil and gas upstream capital expenditures increased to their highest level since 2014 but more is needed.
-
State of Energy report also sees a widening role for natural gas due to robust global LNG demand.
-
Environmental report recommends shrinking the Alaska project to three drilling sites from the five initially proposed by ConocoPhillips.
-
Two PSCs have been sold to PSEP for $475 million.
-
The authors of this paper describe the path of an operator’s successful exploration program that has integrated geologic and geophysical understanding and new technology to discover 8 billion BOE at the time of writing.
-
Supermajor sells Central African operations for $407 million.
