Asset Management
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
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While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it. -
Project consists of two production wells and a subsea tieback to ETAP.
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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.
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In this podcast episode and transcript, Terry Palisch shares his thoughts about how SPE and its members fit into the energy transition and what it means for our energy future.
