Business/economics
The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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The Omicron variant has spooked global markets and sent crude prices tumbling by more than $10/bbl since it was discovered in late November. -
This case history explores a multiwell sectional development in the Delaware Basin by a small operator who reduced drilling and completion costs, along with lease operating expenses, by turning undesirable produced water into an asset.
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The paper provides insight into managing reserves and resource information during a merger through description of a case study.
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Gazprom Neft Courts Middle East NOCs With Digital Technologies as it Seeks Bigger Role in the RegionA delegation from the Moscow-headquartered oil company recently visited Dubai with a slew of advanced technologies to see if anyone was interested in making a deal.
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The authors present a countrywide benchmarking of ultimate recovery factor for oil reservoirs in Kuwait.
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The authors write that the deterministic incremental reserve assessment method may mislead investors if used wrongly.
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Norwegian operator sells its nonoperated stake in the Corrib gas project
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Asset sale includes stakes in the Mariner and Culzean projects in the North Sea.
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Oil-consuming nations announced a big push to drive down oil prices. Next week, it’s OPEC’s turn to respond to that move.
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French major plans to spend $2 billion on the Libyan field to raise production to 100,000 B/D, and add solar power to the national grid.
