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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Bonanza Creek plans to buy HighPoint Resources and said it hopes to maintain an output of 50,000 BOE/D by focusing only on drilled-but-uncompleted wells in the near term. -
An ATCE presentation outlined how staged field development can help make smaller oil discoveries commercial alongside existing engineering solutions.
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With the acquisition of Schlumberger’s rod lift business, Lufkin gains several products, brands, and key proprietary software.
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To go big on capturing CO2, the oilfield service company is acquiring a company that specializes in going small.
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Two contracts awarded for flowlines and wellheads at ADNOC’s Abu Dhabi oil fields are expected to be completed in 5 years. A third contract to develop a bypass system for its Jebel Dhanna and Fujairah terminals is expected to be completed in 30 months.
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The Broadside exploration well in Block TTDAA 3 within BHP’s Southern Deepwater Acreage was drilled in September.
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Hess Corp. sold its stake in the Shenzi development to BHP for $505 million to help pay its share of the cost of developing discoveries offshore Guyana.
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Drilling rig scheduled to arrive on 27 October.
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Dutch oil major Shell is looking to further develop its North Slope oil position in Alaska. The company’s offshore unit applied to form the West Harrison Bay Unit offshore from the National Petroleum Reserve–Alaska with plans for drilling and exploration.
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Warrego Energy and partner Strike Energy spudded their second well, West Erregulla 3 (WE3) in the Perth Basin onshore West Australia.
