Asset Management
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
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…
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In their outlook for 2019, SPE’s technical directors suggest petroleum engineers take a moment to reflect on the industry’s great feats, and then get back to work to do things better.
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A hands-on workshop set for 14 February in Houston will be led by industry leaders in health, safety, and environment to provide participants the opportunity to learn how to inspire, motivate, and lead for safety and operational excellence.
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Producers in Texas have claimed an economic victory with their transition to local sands that they once avoided using in horizontal wells due to their low-quality.
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Oil prices have fallen since early October in lockstep with the plunge in 2014. But this time oil companies appear better able to deal with a tough situation.
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Chevron, ConocoPhillips, Equinor, Shell, and Total are among nine firms looking to explore the Pearl River Mouth Basin.
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The oilfield services sector showed steady revenue growth in 2018 thanks, in part, to increased project sanctioning. With the oil price falling $20 in the past 2 months, however, the future may be murkier than expected.
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2018 has seen a wave of shale deals that are consolidating the landscape. While this one could be among the biggest, it is not yet final.
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The small Gulf-nation is expanding its upstream portfolio to include some of the hottest exploration areas.
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First gas from the Cassia C platform, which will help maintain production rates to the Atlantic LNG terminal, is expected in 2021. The Matapal project, which will tie back to the Juniper platform, will come on stream in 2022.
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Financially healthier than in years past, operators are prepared to stave off the negative impacts of volatile oil markets in 2019 and advance their exploration and development programs.