Management
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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A resilience-based approach to safety was the focus of a panel of experts at the 2025 SPE Annual Technical Conference and Exhibition in Houston. -
BP’s most recent discovery in Namibia is the eleventh globally in 2025 since the UK major refocused its investments strategy back to its core oil and gas businesses.
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Industry leaders speaking during the opening plenary session at SPE’s Annual Technical Conference and Exhibition say they are optimistic yet pragmatic about delivering energy amid the energy transition.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
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ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
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APOGCE 2025 set the stage for strategic dialogues on how Asia Pacific’s upstream industry can innovate, invest, and collaborate to meet growing energy demand while advancing net-zero goals.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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DNV projects the energy transition will be marginally slower than what it forecast last year, both in terms of emissions and in fossil fuel’s share of primary energy.
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Liquefied natural gas (LNG) exporters in the US plan to more than double the country’s liquefaction capacity by adding an estimated 13.9 Bcf/D between 2025 and 2029.
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The freely accessible online platform is the latest in a series of maps designed to reveal the continent’s untapped geothermal potential.
