Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
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A Kimmeridge Energy executive said at the Unconventional Resources Technology Conference that he wants to "make unconventional resources investable in a low-carbon world."
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The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.
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The Swiss-based company Hydromea announced advances in underwater optical modem technology and development of an underwater monitoring system capable of daily data sweeps remotely.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.
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The startup known for helping introduce Bitcoin mining to the upstream industry is now also offering cloud computing using associated gas.
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In the world of wind, Equinor has postponed its initiative indefinitely while Repsol moves ahead in Italy, and Portugal plans to auction offshore leases for wind farms.
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Woodside Energy awards all contracts for major work at multiple fields, while Helix Energy secures significant plugging and abandonment job on the Gulf of Mexico shelf.
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This paper presents an integrated system for fracturing optimization using real-time and historical data along with organizational knowledge and the challenges and key considerations of implementing such a system.
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The new expanded SPE Journal resulting from the consolidation of SPE’s technical journals will provide SPE the opportunity to continue its mission of disseminating technical information across a global community while remaining open to new and expanding developments in all aspects of the oil and gas industry.