Asset Management
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
The Offshore Technology Conference will honor the winners of the 2026 Spotlight on New Technology Award on Monday, 4 May, at NRG Center in Houston. Seventeen groundbreaking innovations, from AI-powered geotechnics and autonomous well construction to next-generation subsea systems and drilling intelligence, demonstrate how bold ideas are translating into real-world gai…
Under the agreement, Trafigura will pay Gabon $1 billion for future crude export deliveries over 7 years.
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Guyana continues to strengthen its reputation as the world’s fastest growing offshore exploration hotspot. -
BW Offshore plans to float its exploration and production unit BW Energy through an initial public offering in the first quarter of 2020.
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A partnership between academic researchers and two energy companies will build new evidence-based tools to enhance safety by examining whether simple exercises designed to increase mindfulness can reduce the risks.
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Producers and investors continue to reward small companies with big solutions that lean on new software and hardware to lift the bottom line of one the world’s few trillion-dollar industries.
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Developing an asset requires key investment decisions to be made early in the process, and as a result, some critical cost evaluations—such as abandonment—are often ballpark estimates. Adjusting the parameters for evaluating these costs can lead to more-accurate project valuations.
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The two oilfield service leaders serve as critical bellwethers for the health of North America’s upstream sector, which is under pressure to consolidate and generate free cash flow.
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Natural gas has emerged as a potentially major player in the energy mix, but what role will price pressures play in sanctioning gas supply projects and in LNG markets?
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Concho Resources and Enverus say turning to automated software for tracking invoices could save the upstream business many millions of dollars.
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Amid weakening confidence and volatile market conditions, greater efficiencies and decarbonization are at the center of the industry’s agenda.
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The withdrawal comes at a time of increasing tension between the US and Iraq, which makes investment in the country riskier.
