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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BP announced two North Sea discoveries, adding to signs of a revival in play that was looking old, tired, and overpriced a couple years ago. -
Months after a pair of deadly explosions in the Colorado oil patch, drilling stocks remain hobbled by the specter of a regulatory clampdown.
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Argentina’s Vaca Muerta shale play is considered one of the most promising unconventional resources in the world. Advertised for years as the next great shale resource outside of the US, foreign investment has now picked up and the play may finally begin living up to its potential.
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Facing increased pressure to deliver neutral cash flows and stronger corporate returns, North American E&P companies hedged more oil and gas production than usual heading into 2018.
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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.
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A rise in oil prices close to 3-year highs should further stimulate a recovering oilfield services and equipment sector, despite lower than expected late-2017 activity in US shale.
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Full-year 2017 and fourth-quarter financial results show an improving picture for the industry’s three largest oilfield services companies. After 3-plus years of cutbacks, the service sector outlook has turned relatively positive.
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With portfolios that in some cases look dramatically different from a few years ago, the majors now have the ability to think about long-term upstream growth through deal making.
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The global oil industry is positioned for stronger performance, reflecting the financial discipline and cost-cutting innovation driven by several years of low oil prices and the likely prospect of more stable market conditions.
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Noble Energy’s latest planned gas development offshore Israel will not only have a major positive impact on the host country but could transform energy sourcing for the region, Project Manager Brian Hogan told the SPE Gulf Coast Section International Study Group recently.
