Management
CEO says Europe’s third-largest oil field is entering a natural decline phase.
Major increases in hydrocarbon production require both incremental and revolutionary technologies, industry leaders said during the SPE Hydraulic Fracturing Technology Conference.
From credit markets to grid constraints, the forces shaping energy today go far beyond price. Inside the inaugural E3S symposium, industry leaders, policymakers, economists, and students explored how technology, financing, permitting, and supply chain resilience are redefining what it takes to power the energy future.
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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.
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Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
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North Sea tieback to the Troll C platform could begin production by the end of 2029.
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The LNG specialist also greenlit a debottlenecking project to free up additional volumes at the Corpus Christi site.
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The SPE Reservoir Technical Discipline and Advisory Committee invite their Reservoir members worldwide to participate in a new survey aimed at assessing the current state of reservoir engineering across industry and academia. Deadline is 21 July 2025.
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Gold H2 says it is the first to achieve commercial-scale hydrogen production by introducing microbes to a mature oil reservoir.
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The field, which holds the first production license on the Norwegian Continental Shelf, sent oil to the Jotun FPSO on 23 June.
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Less than 3 months after going onstream, the Barents Sea project, the northernmost production offshore Norway, is producing 220,000 B/D.
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The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
