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.
This paper discusses waterflooding and field-development implications of subsea seawater treatment for improved oil recovery.
This paper details the design and implementation of a subsea multiphase pump solution deployed in the Atlanta field designed to maximize reuse of existing subsea and topside equipment.
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First well suffered mechanical issues, while the followup encountered noncommercial quantities of oil.
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The well is in the Orange Basin where Shell and TotalEnergies made significant oil finds on the Namibia side.
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New discoveries in the Meleiha concession add 8,500 BOE to production.
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At peak, the new discoveries are expected to contribute more than 12,000 BOPD.
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Oil find will be tied into existing infrastructure for development.
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The EU has voted to immediately ban Russian oil imports supplied by tanker, a two-thirds cut in deliveries, while member states aim for a 90% import shutdown by yearend when Germany and Poland have pledged to phase out their Russian pipeline supplies.
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In three separate incidents over the past 2 months, Chinese law enforcement vessels have challenged marine research and hydrocarbon exploration activities within the Philippines’ exclusive economic zone in the South China Sea.
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A group of 10 Republican states had petitioned the court to restrain the Biden administration from using the metric while their legal challenge was moving through the court system. The court denied that request in a one-line order but did not rule on the legality of the metric itself.
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The US has extended Chevron’s waiver to maintain its assets in sanctioned Venezuela through the end of November 2022 under the same limited terms as the previous extension.
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The exit comes after Equinor's presence of more than 30 years with the transfer of its interests in joint ventures to Rosneft and its stake in the Kharyaga PSA to operator Zarubezhneftegaz.