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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Can aggregative contingent estimation (ACE) improve the quality of oil price forecasts and even project performance? I have come to believe that oil price can be determined with reasonable confidence, and the key to such forecasting is ACE. -
The need for cost and capital efficiency calls for careful integration of technical and commercial elements.
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This paper provides a retrospective assessment of the Barnett and Eagle Ford Shale plays to highlight lessons learned and the associated value of those learnings.
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Aligning a diverse portfolio with an organization’s execution capabilities and capacity is imperative in achieving capital efficiency and meeting shareholder expectations.
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Q&A to discuss heavy oil production and some of the challenges of working in harsh environments.
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The IEA's new energy outlook paints a generally optimistic view of the supply/demand balance and oil price picture to 2020.
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Despite a number of recent and high-profile jetliner crashes, commercial aviation has entered into a new era of safety. There is a lot the oil and gas industry can learn from their success.
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The failure rate for megaprojects is often blamed on complexity. A dinner during ATCE asked whether there is a limit to the degree of complexity we are capable of effectively managing.
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There is no shortage of ideas for reducing the cost and risk of offshore oil and gas developments. The hard part is implementing them in an industry where they require changes in long-standing habits, corporate cultures, and some new technology.
