Asset Management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
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The project comprises a pair of subsea wells tied back to the host spar. -
If successful, the production could be tied back to the nearby Gjoa platform.
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Target sands for the Beebei-Potaro well find water.
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Fast-track development options are currently under review for the discovery.
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The authors of this paper describe a holistic approach toward integrating alternative fuels and novel prime movers into life-cycle performance of offshore vessels.
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The operator believes the region has high potential for multiple hub-class targets.
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An automated detection application helped identify stringers early for an operator of a mature field in the North Sea while drilling multilateral wells through reservoir sections containing hard calcite stringers interspersed in sand formations with low unconfined compressive strength. The application guided drilling decisions that minimized invisible lost time and sh…
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This paper describes a novel distributed quasi-Newton derivative-free optimization method for reservoir-performance-optimization problems.
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The South China Sea test could lead to a multibillion-barrel find.
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The complete paper builds on existing tools in the literature to quantify the effect of changing well spacing on well productivity for a given completion design, using a new, simple, intuitive empirical equation.
