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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The deal is subject to Mexico Pacific taking a final investment decision on the proposed third train at the Saguaro Energia LNG Project on Mexico’s Pacific Coast.
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The facility is destined for Equinor's Brazilian pre-salt development.
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The combined firm aims to create a stronger and more diversified geophysical company and energy data provider.
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The French company inked agreements at COP28 to share its newly developed CO2 and methane detection platform with NOCs in Brazil, Angola, and Azerbaijan.
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Chief Sultan Al Jaber told attendees in Dubai that declarations have been made on topics ranging from food to heavy emissions.
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SponsoredMOSAIC's advanced Automated Reconciliation to Reserves Workflows enhances accuracy, speeds up processes, and meets the need for precise asset valuation. Equip your reserves teams with reliable information and insights to reduce uncertainty, boost efficiency, and make smarter business decisions.
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It seems that it has been a very productive period for production and facilities. I reviewed a significant number of abstracts on such an interesting variety of topics—new technology developments down- and midstream, improvements in corrosion detection and prediction, new systems for emulsion monitoring, and even downhole drones.
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This paper discusses how a traditional stochastic approach in project economics used for screening and ranking can sometimes limit management visibility of all possible outcomes in a project.
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Updates about global exploration and production activities and developments.
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A case study presented at ATCE took medical science to a new low—into the depths of the Permian Basin for application to downhole reservoir drainage diagnostics.