Asset Management
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
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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. -
The record-setting probe has yielded a discovery estimated to be between 53–90 million BOE.
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Successful well trio adds as much as 30 million BOE of recoverable reserves.
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The drilling of the Berling field will begin in the third quarter of 2026, with gas and condensate production expected in 2028.
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A new report said the US supermajor has made its second move in a month to enter the emerging lithium extraction industry.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
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A new paper warns that meeting emission reduction targets in the top US oil basin will require a fourfold increase in available grid electricity.
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The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
