Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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The complete paper outlines adaptations of the SPE Petroleum Resources Management System to a company’s business processes. -
The partners will explore Block 2K, an ultradeepwater block off Sabah.
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The find is part of the Angola Block 15 redevelopment project expected to deliver around 40,000 B/D of additional production.
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Opening additional channels of communication with our members provided important feedback to move forward with the Strategic Plan.
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I would like to highlight the following works as promising technological developments for production and facilities: innovative measurement techniques, improvements to drilling safety, new developments in piping inspection, and a very interesting study of triangular vs. circular cross-sectional pipes.
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The paper highlights the importance of adopting good practices when planning for decommissioning throughout the life cycle of a petroleum project.
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An Equinor-led partnership to test prospect northeast of Visund.
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Operators seek deepwater reserves on the Mexican side of the Gulf of Mexico.
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This paper presents case studies of how produced-water salinity data was used to transform the performance of two oil-producing fields in Nigeria.
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As the world continues to grapple with the post-pandemic new normal and unfamiliar global uncertainty, the case to begin and commit to a career in the upstream subsurface industry may be harder to see, but it’s still rewarding and with longevity.
