Asset Management
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
Aramco says it has saved $770 million over the past 3 years from the $70 million it has invested over the same period in corrosion management technologies.
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
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The Calgary-based shale producer said it is on track to produce 200,000 BOE/D after making its second billion-dollar acquisition this year. -
The deal will add over 460 miles of pipeline to company’s assets upon closing early next year.
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The four capital projects will enable Enterprise to send more NGLs to the Texas Gulf Coast.
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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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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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A gold strike was announced in October. But in this case the gold was naturally occurring hydrogen in a former coal basin in France.
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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.
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The oil and gas industry is embracing digital technology not just as a differentiator but as an enabler of innovation. The simple reality is that, if one doesn’t, they risk being out of the game.
