Field/project development
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Operator started planning the development before it made its latest North Sea discovery.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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Senior Vice President Starlee Sykes told an audience at the Offshore Technology Conference that low-carbon barrels from the company's domestic offshore portfolio will help fund its transition plans. -
Technical advancements and innovative solutions have played a key role in the successful journey of sustainability of deepwater developments. These concepts will remain a catalyst for these assets for the next decades, provided the availability of appropriate resources and executive vision.
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This paper describes a successful U-turn trajectory test in South Texas that has created new economic project opportunities for the company and increased optionality within challenged lease spaces across the field.
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The last couple of years, I have highlighted efforts around remote operations of fields, smart wells, and the acquisition and integration of real-time data. This year, I have focused on recent drilling-related papers that highlight how safety and performance can be improved with more-intelligent operations.
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The operator's latest deepwater platform is unlike any the company has built before—diminutive by design.
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The decision comes after an environmental review showed that the floating production, storage, and offloading vessel-based development was unlikely to cause negative environmental effects.
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The authors develop a methodology that calculates the mechanical specific energy using real-time drillstring acceleration signals directly.
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As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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Reservoir's permeability prompted a lower peak production estimate at deepwater field.
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Oilfield services giant is the latest to receive a contract related to TotalEnergies’ $10-billion Ugandan development.
