Management
The rise in China’s gas production, now exceeding that of Qatar and of Australia, is also limiting growth in its LNG demand.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
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Over a dozen new projects aim to keep US offshore output near 1.8 million B/D through next year. -
The Dutch marine contractor says it plans to outfit its construction vessels with small modular reactors over 5 years.
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The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
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Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
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Project expects a total of 19 additional modules to arrive on site during 2025.
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Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
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New strides in computer vision, well controls indicators, and BOP alignment were showcased at the recent Offshore Technology Conference.
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Updates about global exploration and production activities and developments.
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Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.
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This paper discusses the effect of injected-polymer viscosity on various aspects of a project, from recovery to surface facilities, including both theoretical arguments and practical field experience—which do not always align.
