Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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.
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Altus brings well intervention technologies, including tractor and power mechanical application solutions. -
Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.
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Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.
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The center will develop innovations for renewable-energy technology and the low-carbon future and will bring together and support research of faculty in the energy, materials science, data science, and artificial-intelligence fields.
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Data science plays an increasing role in the fight against climate change. As we use data science to develop innovative solutions to climate change, we should be careful not to replicate, or worsen, existing inequities—or create new ones.
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Venture Global is closing in on FID for Plaquemines LNG terminal in Louisiana and has already sold 70% of its planned nameplate capacity.
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To turn the spotlight on YPs' contributions to the industry, SPE's The Way Ahead Editorial Committee is accepting nominations for "TWA Energy Influencers 2022: Young Professionals Who ENERGIZE Our Industry.”
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The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook.
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Drillers are feeling good about higher oil prices, but only to a point.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
