Asset Management
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
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The four capital projects will enable Enterprise to send more NGLs to the Texas Gulf Coast. -
An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
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Lac Da Vang is expected to deliver as much as 40,000 BOE/D at peak.
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The Biden administration postpones Sale 261 while awaiting court ruling.
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This paper presents a systematic review of the largest alkaline-surfactant-polymer flood project in the world, applied to the largest oil field in China.
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The authors of this paper write that computationally coupled models enable swift, accurate, and engineered decision-making for optimal asset development.
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Sale includes stake in the Abadi gas project.
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Studies center on subsea wells connected to an FPSO.
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Find could hold as much as 130 million BOE.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
