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.
Updates about global exploration and production activities and developments.
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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.
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Project consists of two production wells and a subsea tieback to ETAP.
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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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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.
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Finding talent to advance technologies for energy transition is among the top concerns for executives in oil and gas, utilities, chemicals, mining, and agribusiness. Talent shortages, especially for technical experts, are slowing down progress.
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The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.