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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First three wells of deepwater Gulf of Mexico project expected to jointly produce 22,000 BOE/D to the nearby host facility. -
The 2-day event hosted in Turin, Italy, provided a common platform across various disciplines, spotlighting the notable scientific and technical advancements in the energy transition.
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Updates about global exploration and production activities and developments.
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This paper details how the reservoir modeling workflow can be accelerated, and uncertainty reduced, even for challenging greenfield prospects by constructing multiple small fit-for-purpose integrated adaptive models.
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The retrofit merged enhanced gravity separation with induced gas flotation within the same vessel. Detailed insights into the design, operation, and performance of hybrid flotation systems are provided, offering valuable guidance for similar initiatives in the petroleum industry.
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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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The honor recognizes recipients for their lasting and significant contributions in the field of IOR.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
