Asset Management
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
A shared digital mindset across subsurface, subsea, and drilling and wells is accelerating well planning at Vår Energi.
This guest editorial examines why geothermal projects require a different planning, financing, and development approach than traditional oil and gas projects.
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Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year. -
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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Your SPE GTTS community is now available, anytime, anywhere. Explore events, news, and technical content on the new platform and app.
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More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
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Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
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Operator started planning the development before it made its latest North Sea discovery.
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Cook Inlet leases have been a hard sell for federal or Alaska state authorities for years, given the environmental sensitivity of the area.
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Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.
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The US Department of Energy said it is making available $171.5 million to support field-scale tests for geothermal electricity generation and exploration drilling.
