Asset Management
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
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The deal hands Diversified nearly 500 gross operated wells producing 68,000 BOE/D. -
The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
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The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
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Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade.
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This paper presents a case study from a mature field redevelopment project where pulsed neutron logging was integrated with advanced reservoir modeling to improve the understanding of fluid-contact dynamics and optimize new horizontal well placement.
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This paper illustrates a case study from a greenfield oil development in Sarawak that is planned for a fit-for-purpose development scope to create value and develop oil resources in a phased manner within 4 years of project framing.
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The papers selected for this year’s feature collectively highlight the ongoing transformation of field-development planning across the oil and gas industry. A common theme among these papers is the integration of subsurface, drilling, facilities, and operational workflows into unified development frameworks.
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This paper aims to optimize well trajectories in offshore reservoir development by applying a Pareto-based multiobjective approach.
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This paper presents a reduced physics-based model that accelerates the ability to screen infill-location optimization, using the fast marching method to maximize production for a reservoir with multiple realizations.
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This guest editorial addresses the many capacities in which oil and gas technical professionals can play a role advancing the energy technologies of tomorrow.
