Asset Management
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.
The challenge is to ensure that changes to major accident hazards are properly managed, whether the changes occur by adapting conventional industry operations to lower carbon or by introducing innovative technologies.
As several commercial-scale projects are gearing up in the US, developers expect the next few years to reveal whether lithium extraction from brines can become a big business.
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The drilling of wells in shale and granite shares a common need—faster drilling is required to make it work. -
The 10-well plus eight-well option contract should keep the rig busy well into 2024.
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Monies are recoupment for Petrobras’ sunken costs in the Atapu development, to date.
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By turning its back on Russian oil and gas, will Europe speed up or slow down its energy transition, and what will be the impact on global climate change?
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The big oil producers are balancing the chasing of more production with delivering dividends to shareholders. So far, the scale is tipping in favor of shareholders. But it’s not that cut and dried. Simplifying the complexity of the global market shines, at best, a narrow beam on some of the factors affecting production.
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ExxonMobil and its partners now believe they have discovered 11 billion BOE.
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The Norwegian government grants a 20-year license extension for Ekofisk.
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Two new wells will add 20,000 BOED to the field’s overall production volumes.
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A total of 59 blocks were awarded to 13 companies.
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The Offshore Technology Conference drew nearly 25,000 participants, showing renewed interest in in-person meetings following the successful ADIPEC and IPTC conferences.
