Asset Management
Two new US Department of Energy funding programs focus on improving shale recovery, mitigating produced-water risks, managing sour gas, and enhancing facility efficiency.
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
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Cost estimation for facilities depends on early concept selection and critical inputs, often complicated by uncertainty in one or more of the critical inputs. Empirical cost models and cost modeling methods using these inputs vary in degrees of scope, comprehensiveness, and robustness. -
Final commissioning and initial startup was the source of lively discussion at a recent applied technology workshop held in New Orleans. A summary of key points is provided.
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