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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The Asia Pacific region is expected to be the fastest-growing region in deepwater development in the next 5 years. -
During the 10-year period between 2003 and 2013, Mexico drilled 30 deep- and ultradeepwater wells in water depths ranging from 512 to 2900 m.
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There is no question that deepwater production will play a very important part in meeting the world’s future energy demand.
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One of the defining features of the 21st century will undoubtedly be the changing relationship between humans and automated machines.
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At the SPE Hydraulic Fracturing Technology Conference, one of the most innovative ideas discussed was a liquid proppant designed to turn into strong spherical balls to keep a fracture open.
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Decline-curve analysis (DCA) is arguably the most commonly used method for forecasting reserves in unconventional reservoirs. This paper discusses its basic theory and application, together with the potential pitfalls of using simple empirical production-forecasting methods in complex reservoirs.
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PFC Technical Director Howard Duhon asked readers about the drivers of project complexity. Here are the results.
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A Chevron subsea manager shares his successful approach to developing capabilities in his organization.
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Many companies are seeking 20% to 50% reductions in project costs. This level of capital cost reduction requires serious rethinking of the strategy for developing and executing projects.
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The US government is working on regulations to reduce oil industry methane emissions by more than 40% over the next 10 years.
