Asset Management
The oilfield service company said its emissions reductions are thanks in part to the increased use of renewable energy and operation efficiencies.
The companies also agreed to collaborate on new AI models to unlock further insights from S&P Global Energy’s upstream data.
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
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The Powder River Basin has emerged over the past year as the latest source of oil production growth for the Lower 48. Companies ranging from a reborn Samson Resources to US onshore mainstays Devon, Chesapeake, and EOG are now betting on the basin to become a long-term core asset.
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After years of reined-in spending, major operators are beginning to cautiously loosen their E&P budgets.
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SponsoredWhat does it take to succeed in the new energy ecosystem? In this short video, experts including Charles McConnell, former US Assistant Secretary of Energy and Preben Strøm, Managing Director Subsea Valley share their views on why innovation and collaboration are critical. Watch it now.
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The deal, which is subject to regulatory approvals, would mark the largest E&P merger in Europe in more than a decade. The two companies combined made $5.5 billion in revenue last year.
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By measuring which tests best predicted the fractures observed at the Hydraulic Fracturing Test Site, Laredo Petroleum developed a method it hopes will improve fracture modeling in other places.
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Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.
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There is no single reason that they all exist—and bringing them all on line will face challenges.
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BHP Billiton lost billions during its foray into US shale, but that doesn’t mean it has soured on oil and gas—particularly when it comes to deepwater development.
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A close look at hundreds of feet of fractured core samples suggest that new fracture models are needed to simulate complicated reality.
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The US has “likely surpassed” Russia as the world’s largest oil producer, according to a US Energy Information Administration report.