Management
While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
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This paper summarizes a collaborative industry study to compare observations between shale-play data sets and basins, develop general insights into parent/child interactions, and provide customized economic optimization recommendations.
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In this paper, example machine-learning models were trained using geologic, completion, and spacing parameters to predict production across the primary developed formations within the Midland Basin.
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The authors of this paper present the results of an assessment of two regions in Uruguay suitable for bottom-fixed offshore wind technologies.
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Additional milestones reached could add $14 million to purchase price.
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The discovery in Putumayo could benefit from nearby existing infrastructure.
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Mukuyu-1 sidetrack proves a working hydrocarbon system in the Cabora Bassa basin.
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Wellesley estimates that the drilling campaign has proved a developable gas-condensate accumulation of 60 to 100 million BOE.
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The Uganda oil project envisions drilling more than 450 wells on 35 well pads, leading to an estimated production of 230,000 BOPD at its peak once production starts up.
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The next phase of drilling is expected to resume in mid-2024 and includes several sidetrack wells, long-reach directional wells, and stratigraphic exploration wells.
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Challenges to development, including costs, cited as reasons for turning back the acreage.