Asset Management
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
SPE Journal is seeking submissions for a special issue on sustainable enhanced oil recovery (EOR), highlighting innovations that boost oil recovery while reducing CO2 emissions and environmental impact. The Call for Papers opens on 15 October 2026.
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
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A large gas prospect offshore Norway fails to deliver -
Something often talked about but rarely occurs is the reuse of an existing, but idled, production platform on a new field. LLOG wants to change that with ambitions to rejuvenate the former Independence Hub floating production system for use on its Leon/Castile project in the deepwater Gulf of Mexico.
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The well had been touted as one of the most anticipated in the North West Shelf for many years.
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The new discovery is expected to de-risk 50 Bcm of resources in region off Israel.
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The extension will keep the semisubmersible rig busy to April 2025.
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A successful sidetrack well at South Tchibala could add future drilling locations across Etame block.
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Whitecap enters into the liquids-rich Duvernay play, including 74,000 acres with more than 250 identified drilling locations.
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The Mammoth project follows the company’s proven Orca model but will scale up the CO2 capture capacity to 36,000 tons per year.
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The deal with Manulife gives Oxy unit 1PointFive access to 27,000 acres of subsurface pore space for carbon sequestration.
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ExxonMobil's departure leaves BP and Shell as the last international oil companies in Iraq.
