Asset Management
New geothermal technical content and programming will highlight knowledge transfer among oil and gas and geothermal professionals.
As the company works to realign its portfolio, it puts its North Sea assets in the crosshairs.
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decisions that look stronger than they are and take longer to implement than the reservoir can afford.
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The work scope for the project runs through year-end 2027.
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The order builds on the expanded master equipment agreement between the companies for more than 100 mtpa of LNG.
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Output from the field is expected to return to pre-shut down levels this summer.
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Well is estimated to have encountered as much as 35 million BOE.
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Two firms are using hydraulic fracturing to create high-pressure water reservoirs that can be turned on and off to meet electricity demand.
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Program will focus on finding more resources around Goliat and Johan Castberg through 2026.
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The current program comprises six planned wells.
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Rig will continue to work offshore India.
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Gas reserves will prove an important feedstock for Atlantic LNG facilities.
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Pair joins other E&Ps who have halted work in the area after disappointing results.