Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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.
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This paper describes an offshore hybrid power-generation concept incorporating a wind-turbine system in a low-wind area of Malaysia. -
This paper describes an effort to increase value creation in Troll Phase 3 by reducing the pressure drop along the value chain from the reservoir through the wells, subsea systems, pipeline, and tieback.
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While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
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The expanded scope of our evolving industry means that members of the petroleum engineering profession will enjoy a long, rewarding career. At the same time, we will need to continue developing our competencies to enable expected contributions in producing new forms of energy resources.
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Operators share emissions-mitigation research insights amid calls to accelerate to meet 2030 goals.
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Part 3 of this series looks at the importance of performance analysis and how to generate the economic benefit for solving conformance or sweep efficiency problems. The economic elements of this review are very basic, but they will help you to determine a more-accurate understanding of the true economic benefit.
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The announcement underscores the potential importance of the Orange Basin.
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Preliminary evaluation indicates gross recoverable resources of 120 million–230 million BOE.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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UK Prime Minister Rishi Sunak commits to future oil and gas licensing rounds as new analysis shows domestic gas production has around one-quarter the carbon footprint of imported liquefied natural gas.
