Field/project development
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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The project is the most northern field offshore Norway to begin production.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
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Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
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In this study, a deep-neural-network-based workflow with enhanced efficiency and scalability is developed for solving complex history-matching problems.
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This study presents a production-optimization method that uses a deep-learning-based proxy model for the prediction of state variables and well outputs to solve nonlinearly constrained optimization with geological uncertainty.
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Updates about global exploration and production activities and developments.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.