Asset Management
Production delivered by the subsea artificial lift system will equal that obtained by drilling two new wells, according to BP.
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
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The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.
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The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
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Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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Evolution Well Services will deploy electric pressure pumping units for Northeast Natural Energy, which operates in the Marcellus Shale.
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Eni reports its latest deepwater exploration well offshore Côte d'Ivoire found gas and condensate in high-quality Cenomanian sands in the Calao channel complex.
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By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.
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The energy technology company received an order from Twenty20 Energy for 10 gas turbines to power US data center infrastructure.
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The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
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The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
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The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.