Asset Management
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
The Seismos full-scale research center opens to industry, universities, and national laboratories, advancing acoustic sensing across upstream energy, pipelines, critical infrastructure, and national security.
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
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Mexico’s Round 2.4 deepwater auction surpassed expectations as 19 of 29 blocks were awarded to 11 firms from 10 countries. -
After 3 harsh years of budget cuts and layoffs, oilfield services companies are beginning to see a recovery take shape. And the worst may be over for heavy-asset suppliers and equipment manufacturers in the offshore and subsea sector, but recovery is likely to be significantly slower.
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E&P has become a margin business, with relentless pressure on cost performance and global competition for capital. As operators consider how to achieve further reductions in unit operating costs, the leadership team should focus on long-term value.
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Critical to the integrity of our industry is confidence in publicly disclosed reserves. The Reserves Confidence Metric is a simple tool to identify reserves estimates that should be assessed with caution or require further information.
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My goal is to support small producers and tech providers. Cautionary note: If you work for a huge corporation and feel there is no need for little, pesky innovators, please stop reading this article now.
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Schlumberger and Subsea 7 want to form a joint venture that builds on their 2-year collaboration in the subsea sector.
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Fugro will begin its fifth gas hydrate research project in in the South China Sea.
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Halliburton received API’s risk-based quality management system registration for its Angola facilities and product service lines.
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The capital intensity of energy operations provides a challenge for early-stage companies looking to stand out. What makes companies innovative, and where are the areas where venture capital is seeing the most innovation?
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The energy industry is in a rapid transition, with growing competitive pressures and the critical long-term need to reduce global carbon emissions, BP Group Chief Executive Bob Dudley said in introducing this year’s BP Energy Outlook.
