Management
Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average.
This article is the third in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, Zikri Bayraktar, a senior machine learning engineer with SLB’s Software Technology and Innovation Center, discusses the expanding use of artificial intelligence in the upstream sector.
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The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
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Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
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In this study, artificial-intelligence techniques are used to estimate and predict well status in offshore areas using a combination of surface and subsurface parameters.
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Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.
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Updates about global exploration and production activities and developments.
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Train 1 of the Corpus Christi LNG Stage 3 project is expected to reach substantial completion during the first quarter of 2025.
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The Scarborough Energy Project is on track to start delivering liquefied natural gas in 2026.
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Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.