Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
-
Supermajors continue to align their goals with a net-zero future while strides are made across the globe to add CCS, solar, and wind projects to help achieve ambitious green energy goals. -
The surge in oil and gas prices has reminded Europeans that they still need hydrocarbons and reminds them why they want to replace them.
-
Among the biggest questions for crude markets today is where Russia’s export volumes are headed and to whom.
-
Russian producer takes over program left by bankrupt Fieldwood Energy.
-
Saudi looks to increase natural gas role in electricity production.
-
How to use the new SPE Competency Matrices to prepare for the SPE Certification Exam and the SPE Competency Management Tool to address skills gaps to excel in the energy industry in the 21st century.
-
Brazilian state oil company looks to divest interests in the GOM.
-
New discovery could hold 100 million barrels of oil.
-
A system that could help turn stranded-gas fields into producing projects has moved closer to reality, aided by the growing focus on reductions in carbon emissions.
-
What may have been a sense of uneasy security in countries around the world that relied on imported oil and gas has been shaken off. Russia’s invasion of Ukraine, and its role in supplying natural gas to the EU, highlights just how quickly the sourcing of fuel can or must change.
