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.
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Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year. -
Chevron CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.
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The field's massive FPSO is anchored in place and on schedule for first oil prior to year-end.
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Recent geothermal tests in Utah show major advancements in flow rates and efficiency, bringing enhanced geothermal systems closer to commercial viability.
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Texas, Louisiana, Oklahoma, Colorado, and New Mexico round out the top five states.
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The DOE-sponsored program brings together more than 100 entities from the geothermal and oil and gas sectors to build the future of cross-industry collaboration.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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Awards related to the 2024 APA round are expected to be announced in early 2025.
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SPE is excited to livestream these thought-provoking and informative Tech Talks from the SPE Energy Stream studio at the SPE Annual Technology Conference and Exhibition, 23–25 September, in New Orleans.
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