Asset Management
The transition away from materials that contain per- and polyfluoroalkyl substances (PFAS), co-called forever chemicals, creates an opportunity to preserve historical information. Information that appears to have little operational value today may later become important when organizations need to evaluate past PFAS use. Once that information is lost, recreating it may…
US buyers are looking for extra shale inventory and added another $18 billion in purchases in October alone.
TotalEnergies signed off for 30% operated stakes in the Lang Lebah and B14 gas fields offshore Sarawak on the sidelines of ADIPEC in Abu Dhabi, while also highlighting methane-reduction partnerships in Angola, India, and Southeast Asia.
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The all-stock deal doubled Liberty’s working pressure-pumping capacity without adding any debt to its balance sheet, while Schlumberger retains a 37% equity interest. -
The two Calgary-based heavy-oil companies have closed on their all-stock deal that was valued at around $2.9 billion when it was announced in October.
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The cutting-edge technological developments in geothermal are devoted to drilling into deeper, hotter, and harder rock. Oil and gas expertise and know-how holds the key to cost reduction.
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Regionwide US Gulf of Mexico (GOM) Lease Sale 256 generated $120,868,274 in high bids for 93 tracts in federal waters. The sale on 18 November featured 14,862 unleased blocks covering 121,875 square miles.
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ConocoPhillips wildcat discovers significant natural-gas condensate resource.
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Following positive results in a November capacity test, the Johan Sverdrup field is set to increase daily production capacity.
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The well was meant to prove hydrocarbons in Triassic-aged sandstones within the Kobbe formation of the Polmak prospect.
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Outlooks for the coming year depend in large part on your own worldview: Are you generally an optimist or a pessimist?
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Times are turbulent across the globe as the ongoing responses to the pandemic remain varied. The oil and gas industry—and SPE members—remain affected personally and professionally by its effects on the supply/demand balance, the oil price, and the energy transition.
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A 25th licensing round on the Norwegian Continental Shelf has been announced.
