Management
Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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New discovery could hold 100 million barrels of oil. -
A system that could help turn stranded-gas fields into producing projects has moved closer to reality, aided by the growing focus on reductions in carbon emissions.
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What may have been a sense of uneasy security in countries around the world that relied on imported oil and gas has been shaken off. Russia’s invasion of Ukraine, and its role in supplying natural gas to the EU, highlights just how quickly the sourcing of fuel can or must change.
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The authors develop a methodology that calculates the mechanical specific energy using real-time drillstring acceleration signals directly.
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As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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Ecuador program will involve over 40 wells over 18 months.
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Brazilian state oil company will focus E&P efforts in deepwater.
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Shallow water assets sold include interests in four leases
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Venus well could prove 2 billion-barrel find.
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Geopolitics have led to nearly historical highs in gas and oil prices. The underinvestment in upstream oil and gas has strongly impacted both production capacity and record-low reserve discoveries. Addressing these issues among others, IPTC in Riyadh, Saudi Arabia, was a strong start for SPE this year. To determine the right path forward after the discontinuation of t…
