Asset Management
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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The sale had 307 valid high bids worth more than $190 million. -
The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
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To combat rising prices ahead of winter, the UK will subsidize household energy costs and work to expand domestic energy supplies across the board.
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The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
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The latest move to reduce output requirements comes after the coalition lowered its expectations for surplus crude in the market.
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ExxonMobil and Shell announced on 1 September that they have agreed to divest their 25-year-old joint venture Aera Energy. The California-based subsidiary reported an average production rate of almost 95,000 BOE/D in 2021, representing nearly a quarter of the state's total oil and gas output.
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Oil and gas maintenance managers rank reliability of equipment and an overload of new processes and procedures to follow as top concerns in a new survey.
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This paper presents a summary of the results of a study of the potential for repurposing legacy oil and gas facilities in the Gulf of Mexico for uses in a blue economy.
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The deepwater find will now be delineated to verify size.
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The new well results boost Baleine field volumes in place by 25%.
