Management
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While WACC is frequently used as the base discount rate for corporate-level decision-making, using it as a universal discount rate for projects can result in inaccurate project valuations. Incorporating the opportunity cost of capital provides a more nuanced and accurate approach to project evaluation.
The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
Updates about global exploration and production activities and developments.
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Subsea tieback in the Central North Sea expected to produce 20,000 BOED at peak, boosting output to Alvheim FPSO. -
Updates about global exploration and production activities and developments.
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Hurricane prognosticators continue to believe the 2024 Atlantic storm season will be more active than normal, even after a somewhat slow start. In any case, the oil field is ready.
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As SPE celebrates a century of innovation at the 2024 ATCE, we also mark the 75th anniversary of the Journal of Petroleum Technology. These twin milestones stand as a testament to the achievements that have driven our industry forward—innovation, pushing boundaries, setting new standards, and fueling the energy that powers the world.
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The energy industry faces a shortage of skilled professionals, and high salaries aren’t enough to attract new talent. We need to show how careers in this field offer meaning and stability, with transferable skills across energy sectors.
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Fervo Energy proved fracturing can harvest geothermal energy and is now rapidly learning to build a utility-scale power plant.
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Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
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This paper describes the development of a comprehensive digital solution for well surveillance and field-production optimization for an offshore field consisting of four stacked reservoirs, each containing near-critical fluids.
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This paper presents an evaluation of the lithium potential of assets in the North Sea.
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This paper presents a multidisciplinary view of the evolution of a development project for the central area of Sururu and the method applied to address challenges and propose solutions.
