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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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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A new article offers a comprehensive review of worldwide energy transitions to carbon neutrality and introduces the Decarbonization Index, an innovative indicator designed to gauge the progress of a nation’s energy transition.
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The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
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BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.
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The field is expected to begin production in 2027 using a normally unattended platform and eight development wells.
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VR provides an immersive and cost-effective approach to essential oilfield training.
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SponsoredTAQA bears the burden of reducing carbon emissions from the fossil fuel energy cycle and pays its undivided attention to decarbonizing its operations. In this article, it sheds light on its initiatives and approach to decarbonizing the oil and gas exploration and production industry.
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Government grants and tax incentives will drive carbon capture, storage, and/or utilization projects in the next decade as the industry seeks profitable business model.
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Automated workflow unifies geological, completion, and production data to inform speedier, better investment decisions for nonoperated assets.
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Houston-based enhanced geothermal systems pioneer uses fracturing and other oil and gas technologies to stabilize power grids with zero-carbon renewable energy that doesn’t depend on the weather.