Management
The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
-
This paper describes an artificial intelligence deep Q network for field-development plan optimization. -
After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.
-
In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning.
-
Gas flows from Shell’s first greenfield project in Trinidad and Tobago.
-
A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
-
Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
-
Country ceases hydrocarbon licensing to focus on greener forms of energy production
-
The project’s new wellhead platform will be powered by a renewable energy system.
-
The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
-
The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
