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.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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This paper presents an automated calibration process, probabilistic infill well ranking, and location optimization for a major heavy oil field in Colombia with original oil in place of more than 5 million STB.
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A series of new liquefaction projects along the US Gulf Coast is cutting through industry headwinds and moving toward final investment decisions.
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The appraisal results are not enough to push development forward.
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The University of Texas at Austin leads new energy consortium in partnership with multiple entities from academia, national labs, and a research center for development of the Permian Energy Development Laboratory.
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Researchers are building a comprehensive database of hundreds of salt domes to help expand subsurface hydrogen storage in the US.
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Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022.
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Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
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The Calgary-based shale producer said the deal involves at least 600 new well locations that will keep it drilling for the next 20 years.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
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The $1.8-billion project will add crucial gas supplies to fuel Trinidad and Tobago's LNG export capabilities.