Asset Management

It seems that it has been a very productive period for production and facilities. I reviewed a significant number of abstracts on such an interesting variety of topics—new technology developments down- and midstream, improvements in corrosion detection and prediction, new systems for emulsion monitoring, and even downhole drones.

This paper discusses how a traditional stochastic approach in project economics used for screening and ranking can sometimes limit management visibility of all possible outcomes in a project.

Updates about global exploration and production activities and developments.

This paper discusses how multiple reliable technologies may be used in concert to establish reasonable certainty for reserves estimates through the flexibility provided by the Petroleum Resources Management System.

This study compares, in a carbon capture and storage (CCS) context, the economics of a traditional business model vs. an alternative business model (a regional CCS hub separately managed by a special-purpose vehicle).

A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.

Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day.

The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.

The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.

The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.