Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
-
Updates about global exploration and production activities and developments. -
This article is the third in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, Zikri Bayraktar, a senior machine learning engineer with SLB’s Software Technology and Innovation Center, discusses the expanding use of artificial intelligence in the upstream sector.
-
This article presents a results-driven case study from an ongoing collaboration between a midstream oil and gas company and Neuralix Inc.
-
Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.
-
This paper aims to describe the role of liquefied natural gas as a transitional energy source for automobile transportation in Nigeria.
-
This study concludes that it is relatively easy to generate enhanced hydrogen in the laboratory during injection of high-pH aqueous solution through a pack of olivine sand.
-
Successful in other applications, self-healing coatings could be the oil industry’s ticket to fighting corrosion and extending the life of steel.
-
The service giant shares how its new technology can sense rock properties 50 ft ahead of the bit in horizontal wells.
-
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
-
Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
