Management
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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The US-based drilling contractor is buying the drilling technology company just three weeks after announcing a merger with NexTier Oilfield Solutions. -
Leading energy technology companies unite to unlock efficiencies and increase reserve recoveries using digital advances.
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SPE’s professional membership has an important role to play in mitigating climate change concerns and in developing new low- or no-carbon sources of energy. We offer a forum for presenting and disseminating scientifically vetted technical information about what can be and is being done by our members.
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A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
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CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
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Benriach well finds subeconomic natural gas accumulation.
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Well and sidetrack encountered pay in the targeted Santonian interval.
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Challenges including increases in UK taxation have prompted operator Parkmead Group to drop plans to develop its Greater Perth project in the North Sea.
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Follow-up sidetrack tested up to 5,000 B/D of oil.
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Picking up the pace of innovation and demonstration of advanced nuclear reactors is required if nuclear is to play a role in decarbonization beyond electricity by providing low-carbon heat or hydrogen.
