Asset Management

A look at recent first‑quarter results reminds us that there is no such thing as a constant trend in our industry. Continual recalibration of companies’ activities aim to obtain positive financial results in the traditional oil and gas business while devoting efforts in a practical way to both mitigate climate change issues and to develop new forms of energy.

No one expected the transition to be without hiccups, and recently, those hiccups have been heard within and outside the oil and gas industry.

Artificial intelligence (AI) tools have been used in geological survey methods for many years. Gaining insight into the scale and trends of this implementation could assist surveyors in making informed decisions about buying or developing new technologies.

The deal with XTO Energy adds about 62,000 net acres to Chord’s inventory.

Grupo Carso is securing a significant interest in the field ahead of final investment decision.

Production from the Dover field is expected to start in late 2024 or early 2025.

Organizers are calling on early-stage innovators that can advance the energy space to compete for recognition and cash prizes at the upcoming SPE Annual Technology Conference and Exhibition (ATCE).

The state’s clean energy boom could be impeded by Texas leaders’ push for legislation that would boost natural gas and place new restrictions on wind and solar projects.

The US supermajor is said to have struck a deal that may make it a major supplier of lithium, which is needed to expand the US electric vehicle market.

The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.