Management
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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The supermajors are seeking new US licenses to develop cross-border natural gas fields.
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The country’s state oil company has signed agreements with SLB and TotalEnergies to work on production.
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Enverus projects 2026 activity aimed at gaining access to gas along the Gulf coast and disaggregation of assets.
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Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
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Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.
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The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
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Updates about global exploration and production activities and developments.
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This month’s papers highlight new combinations of technologies, along with workflows automated in innovative ways, deployed to ensure precise measurement, accurate forecasting, and environmentally conscious operations.
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This paper describes a novel 6.75-in. logging-while-drilling geochemical tool developed for accurate lithology, mineralogy, well-placement, and geosteering applications in complex reservoirs.
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Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.