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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More than two dozen artificial intelligence systems are being celebrated for delivering massive value to the national oil company.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.
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Artificial intelligence is increasingly being used to assist in the development of materials, including metal-organic frameworks (MOFs), to advance carbon capture technologies. Researchers assembled more than 120,000 new MOF candidates within 30 minutes.
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Longtime leaders in artificial lift discuss and share their insights on the rapidly evolving segment’s past, present, and future.
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There will always be a need for good artificial lift engineers. So, what should the next generation of its professionals be trying to pursue?
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Early adopters of large language models praise the technology’s promise to advance upstream research and software development while also offering cautionary notes.
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This paper provides insights into the technical and economic viability of repurposing oil and gas wells for geothermal energy production for direct heating.
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Slickline-Deployed Fiber-Optic Cable Provides First Production Profile for High-Temperature Gas WellThis paper describes a case study in which, in the absence of a conventional production log, distributed fiber-optic sensing, in conjunction with shut-in temperature measurements, provided a viable method to derive inflow zonal distribution.
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This paper discusses and evaluates retrofitting abandoned petroleum wells for geothermal applications as a commonly proposed solution to meet the challenge of the capital expenditure required for drilling and completion.
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This paper aims to analyze the relevance of wind and solar energy for the supply of artificial lift systems on offshore platforms in the Brazilian equatorial region.