Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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.
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Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world? -
The former North Platte discovery gets new owner, new name
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The rural Weld County projects total almost 100 new wells in the Wattenberg.
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The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments.
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ADNOC Drilling and ADNOC Logistics & Services have won the newest round of contracts to develop the mega sour-gas project that will expand the UAE’s production of LNG.
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ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.
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The discoveries bring the total number of its finds offshore Guyana to more than 25.
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ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
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Schlumberger, Subsea 7 alliance will supply and install a subsea boosting system in GOM field.
