Asset Management
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
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.
This paper details a new enhanced oil recovery method piloted successfully by several operators in the Bakken and recently implemented in the Midland play of the Permian Basin.
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A gold strike was announced in October. But in this case the gold was naturally occurring hydrogen in a former coal basin in France. -
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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Nation also changes fiscal regime to attract new investment.
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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.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
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As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
