Field/project development

Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.

The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.

Mero expects to increase its production capacity to over 700,000 B/D.

Transitioning to a low-carbon economy demands large-scale CO2, natural gas, and hydrogen storage. In this context, the application of AI/ML technology to uncover geochemical, microbial, geomechanical, and hydraulic mechanisms related to storage and solve complicated history-matching and optimization problems, thereby enhancing storage efficiency, has been prominently …

This paper describes how ramp-up operations and commercialization of an underground storage asset were combined, rapidly providing a wide range of commercial services to the Italian gas system while long-term UGS performance increased continuously.

The authors introduce a novel framework combining dynamic mode decomposition, a data-driven model-reduction technique, with direct data assimilation to streamline the calibration of carbon-dioxide plume evolution models.

Today, the dependence on primary monitors is higher than ever, so much so that orchestrated efforts are underway to make these nearly foolproof. Often, direct measurements are supplemented with model predictions. Also notably visible are the efforts to integrate multiple perspectives of sustained production.

This paper outlines a technique to evaluate formation temperature shifts when closely spaced wells are produced concurrently and applies the technique to validate the design basis for new development.

Updates about global exploration and production activities and developments.

Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.