Asset Management
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
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Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production. -
The work scope for the project runs through year-end 2027.
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The order builds on the expanded master equipment agreement between the companies for more than 100 mtpa of LNG.
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Output from the field is expected to return to pre-shut down levels this summer.
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Well is estimated to have encountered as much as 35 million BOE.
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Two firms are using hydraulic fracturing to create high-pressure water reservoirs that can be turned on and off to meet electricity demand.
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Program will focus on finding more resources around Goliat and Johan Castberg through 2026.
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Rig will continue to work offshore India.
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Pair joins other E&Ps who have halted work in the area after disappointing results.
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Part 4 of this series provides an overview of ongoing research and recent technology improvements within the US taking place in both academia and the service industry.
