Asset Management
The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
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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. -
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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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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New strides in computer vision, well controls indicators, and BOP alignment were showcased at the recent Offshore Technology Conference.
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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.
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This study leverages oil-fingerprinting technology and geochemical data to evaluate the fluid connectivity between a main field and its stepout wells.
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This work proposes a method to interpret far-field strain-change and pressure data to quantify fracture connectivity and properties at the cluster level.
