Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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Combination announced last November must still gain clearance from authorities in the UK and Denmark.
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Tight gas supplies, and uncertain Russian gas supplies mean sky-high prices for LNG suppliers now and a chance to lock in attractive contracts long term. But this opportunity won’t last forever.
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The owner of a hydroelectric power plant has created a cottage industry for local crypto miners in Costa Rica where electricity is in surplus and the power that is produced is all green.
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Oil production in the US is resurging and poised to refute some skeptics who believed domestic output peaked just prior to the COVID-19 pandemic.
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You know about upstream, midstream, and downstream. Now, get ready for the coming age of "counterstream" which will leverage many of the industry's existing engineering skillsets.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
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Design, construction specialist books new work in the Middle East, Australia, and Saudi Arabia.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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New projects coming on line throughout the year will vault the nation ahead of Australia and Qatar.
