Asset Management
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.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
-
Oil and gas leaders identified the upcoming US presidential election and economic uncertainty as significant drivers of their decision making for 2025. -
Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…
-
The Eagle Ford deal comes as the US LNG market's growth remains stunted by policy.
-
The facility for open-source carbon capture, transport, and storage has been completed.
-
New names and new deals continue to reshape the US shale sector.
-
The conference program focused on powering the future of energy with a century of innovation.
-
Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE.
-
In this exclusive Q&A, Giovanni Cristofoli, senior vice president of bp Solutions, shares insights into how his team is redefining operational strategies and fostering agility to bridge competitive gaps and enhance efficiency. Highlights include the integration of digital tools, data science, and a unified approach to tackling complex problems.
-
Stable policies and economics that encourage development are critical for scaling carbon capture.
-
The joint venture will be responsible for engineering, procurement, construction management, and commissioning of the planned 16.5-mtpa facility.
