Field/project development
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
-
The ideal well spacing is in the eye of the beholder. The decision depends on so many factors that machine learning is now trying to determine the best combination of ingredients. -
Majors BP and Chevron have overcome development challenges and delays to launch their respective Clair Ridge and Big Foot projects.
-
The unit is flowing oil and gas from the Lula Extremo Sul area, 290 km off Rio de Janeiro state in 2150 m of water.
-
The expansion is expected to boost production of the deepwater Gulf of Mexico platform by approximately 30,000 BOE/D. It is the fourth major upstream project to begin production for BP in 2018.
-
The North Sea field, which holds an estimated 300 million BOE in recoverable resources, is now scheduled to start production in early 2020. Operator Equinor said the timeline was based on its assessment of the remaining scope of work on the project.
-
Well-placement optimization is one of the more challenging problems in the oil and gas industry. Although several optimization methods have been proposed, the most-used approach remains that of manual optimization by reservoir engineers.
-
This paper shows how a new approach to small fields could unlock more than twice the net present value (NPV) of larger conventional fields in Southeast Asia at a similar level of capital expenditure (CAPEX).
-
The EPC engineering workflow is synopsized as a one-page view.
-
A new paper from ADI Analytics examines the circumstances in which natural gas could become an attractive method for fueling oilfield equipment.
-
Equinor submitted the development plan for Phase 2 of the Johan Sverdrup project on 27 August with an increased resource estimate and a cut of NOK 6 billion in investment costs.
