Management
The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
Murphy Oil’s Hai Su Vang (Golden Sea Lion) appraisal well reinforces the commerciality of the 2025 discovery.
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
-
This paper presents an efficient mathematical optimization method for well placement that maximizes contact with the productive zones for the best locations in the reservoir.
-
Updates about global exploration and production activities and developments.
-
This article is the fourth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, David Reid, the CTO and CMO for NOV, discusses the evolution and current state of automated drilling systems.
-
Oil and gas experts encourage human/AI partnerships that can “supercharge” capabilities to create competitive advantages.
-
Jennifer Miskimins will take office as 2026 SPE President during the 2025 SPE Annual Technical Conference and Exhibition in October. She shares her views of the challenges facing our industry and SPE members, her outlook for our industry, and what her goals will be during her presidency.
-
The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset.
-
While new imaging capabilities are rejuvenating old data so explorers can discover hydrocarbons, finding and developing reserves is increasingly complicated.
-
The transaction adds 267,000 net acres and nearly 140,000 BOE/D from Vital Energy, lifting Crescent into the top 10 largest US independents.
-
The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer.
-
Contractor realizes big gains on divestment of business unit owned less than a year.