Asset Management
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
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The two Calgary-based heavy-oil companies have closed on their all-stock deal that was valued at around $2.9 billion when it was announced in October. -
The cutting-edge technological developments in geothermal are devoted to drilling into deeper, hotter, and harder rock. Oil and gas expertise and know-how holds the key to cost reduction.
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Regionwide US Gulf of Mexico (GOM) Lease Sale 256 generated $120,868,274 in high bids for 93 tracts in federal waters. The sale on 18 November featured 14,862 unleased blocks covering 121,875 square miles.
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ConocoPhillips wildcat discovers significant natural-gas condensate resource.
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Following positive results in a November capacity test, the Johan Sverdrup field is set to increase daily production capacity.
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The well was meant to prove hydrocarbons in Triassic-aged sandstones within the Kobbe formation of the Polmak prospect.
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Outlooks for the coming year depend in large part on your own worldview: Are you generally an optimist or a pessimist?
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Times are turbulent across the globe as the ongoing responses to the pandemic remain varied. The oil and gas industry—and SPE members—remain affected personally and professionally by its effects on the supply/demand balance, the oil price, and the energy transition.
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A 25th licensing round on the Norwegian Continental Shelf has been announced.
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With a replacement gas injection system successfully installed, the Liza Destiny FPSO has reached its peak capacity of 120,000 B/D on the one-year anniversary of its commissioning.
