Asset Management
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.
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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New probe extended past 5.3 miles deep in Tarim Basin. -
Life-extension project will double the facility’s life in hopes to double its output to date.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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The acreage comprises 10 leases covering approximately 25,430 contiguous acres.
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SMJ will get 50% nonoperating interest in the PSC.
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A look at recent first‑quarter results reminds us that there is no such thing as a constant trend in our industry. Continual recalibration of companies’ activities aim to obtain positive financial results in the traditional oil and gas business while devoting efforts in a practical way to both mitigate climate change issues and to develop new forms of energy.
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No one expected the transition to be without hiccups, and recently, those hiccups have been heard within and outside the oil and gas industry.
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Artificial intelligence (AI) tools have been used in geological survey methods for many years. Gaining insight into the scale and trends of this implementation could assist surveyors in making informed decisions about buying or developing new technologies.
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The deal with XTO Energy adds about 62,000 net acres to Chord’s inventory.
