Asset Management
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
-
Things are so tough in the Canadian oil sands that competitors are considering whether to start sharing some of what they know about producing more and doing it for less. Collaboration should speed progress for everyone, but companies with something to give are looking for something in return. -
This paper presents a novel approach to generate approximate conditional realizations using the distributed Gauss-Newton (DGN) method together with a multiple local Gaussian approximation technique.
-
This paper presents a comparison of existing work flows and introduces a practically driven approach, referred to as “drill and learn,” using elements and concepts from existing work flows to quantify the value of learning (VOL).
-
This work presents a systematic and rigorous approach of reservoir decomposition combined with the ensemble Kalman smoother to overcome the complexity and computational burden associated with history matching field-scale reservoirs in the Middle East.
-
A Houston-based energy consultancy concludes that a series of downturn deals have contributed more to the resiliency of the US shale sector than a rise in oil prices.
-
Schlumberger and Weatherford are forming a joint venture to tackle the North American unconventionals oilfield services market.
-
India will test whether it can reach its ambitious goal of reducing oil and gas imports by 10% by 2022 with an upcoming auction of oil properties.
-
Technology that allows researchers to see stress forming inside rock samples may help unravel some of the mysteries associated with fracture behavior.
-
IEA Executive Director Fatih Birol told oil E&P leaders at the IHS CERAWeek conference to invest now to prevent an oil supply shortage in several years.
-
Industry CEOs examine the role of global trade with the UK Minister for Energy and Industry.
