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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion. -
The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
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The facility is destined for Shell’s deepwater Gulf of Mexico development.
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Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
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Energy storage is essential to a clean electricity grid, but aggressive decarbonization goals require development of long-duration energy storage technologies.
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Companies that can adapt, innovate, and stay ahead of the curve not only survive, but thrive. To achieve this, a fresh approach to innovation is required: one that harnesses the collective wisdom of customer advisory boards and prioritizes a strategy based on customer value.
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Updates about global exploration and production activities and developments.
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An engineered approach to fracture growth in hydraulic fracturing highlights the successful execution of H2S prevention strategies in North Dakota’s Williston Basin.
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This paper describes a revamped methodology for field-development strategy formulation, particularly for marginal hydrocarbon resources, by shifting the mindset toward designing with an aim to value in order to improve project viability.
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This paper adds to ongoing research in hydrogen storage, focusing on efficient extraction of hydrogen to be stored potentially in depleted unconventional formations.
