Asset Management
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
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This article is the sixth and final Q&A in a series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this final edition, Matthew T. Balhoff, SPE, of The University of Texas at Austin shares his views on the future of upstream education.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively.
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The authors of this paper apply a deep-learning model for multivariate forecasting of oil production and carbon-dioxide-sequestration efficiency across a range of water-alternating-gas scenarios using field data from six legacy carbon-dioxide enhanced-oil-recovery projects.
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This paper assesses the technical feasibility of geological carbon storage in the operator’s Brazilian brownfields, focusing on mature oil fields and associated saline aquifers.
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This paper explores the evolving role of the digital petroleum engineer, examines the core technologies they use, assesses the challenges they face, and projects future industry trends.
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This paper describes an auto-adaptive workflow that leverages a complex interplay between machine learning, physics of fluid flow, and a gradient-free algorithm to enhance the solution of well-placement problems.
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As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.
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A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.
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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
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The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.