Asset Management
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
This paper presents a case study of oriented tubing-conveyed perforation followed by an acidizing operation to overcome technical challenges posed by a depleted reservoir targeted for a carbon capture, utilization, and storage project.
INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
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Sale includes stake in the Abadi gas project. -
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.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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The energy ministry instructed a shutdown following Hamas missile strikes.
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Total structure discovered could hold as much as 5 Tcf of gas in place.
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The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
