Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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ProPetro will provide committed services for a 3-year period to an undisclosed Permian Basin operator. -
The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
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After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
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This paper describes a novel method based on machine learning to maintain an evergreen competency database. The tool reduces discrepancies between organizational requirements and the actual talent deployment by using unstructured corporate data.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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The well is targeting middle and lower Jurassic-aged reservoirs.
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The authors of this paper discuss an integrated cloud-based work flow aimed at evaluating the cost-effectiveness of adopting geothermal production in low- to medium-enthalpy systems.
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Baodao 21-1 is the first deepwater, deep-stratum large gas field in the South China Sea.
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At 50,000 ft, the well is about 800 ft longer than the previous record holder.
