Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
-
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.
-
As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
-
This article presents a results-driven case study from an ongoing collaboration between a midstream oil and gas company and Neuralix Inc.
-
Successful in other applications, self-healing coatings could be the oil industry’s ticket to fighting corrosion and extending the life of steel.
-
Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.
-
The service giant shares how its new technology can sense rock properties 50 ft ahead of the bit in horizontal wells.
-
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
-
Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
-
North Sea tieback to the Troll C platform could begin production by the end of 2029.
-
The LNG specialist also greenlit a debottlenecking project to free up additional volumes at the Corpus Christi site.