Asset Management
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.
This paper discusses waterflooding and field-development implications of subsea seawater treatment for improved oil recovery.
-
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.
-
To combat rising prices ahead of winter, the UK will subsidize household energy costs and work to expand domestic energy supplies across the board.
-
The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
-
The latest move to reduce output requirements comes after the coalition lowered its expectations for surplus crude in the market.
-
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.
-
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.
-
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.
-
The deepwater find will now be delineated to verify size.
-
The new well results boost Baleine field volumes in place by 25%.