Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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Service company was previously awarded a similar scope of work related to Shell's Vito project in the US Gulf.
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Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.
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Scientists from around the world have declared definitively and in unison that global warming is real and that it has been unequivocally caused by human activity. The next move, they said, is up to the world’s leaders.
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Greenland may have said “no” to oil and gas, but its vast mineral wealth is up for grabs as the world’s biggest billionaires invest to claim metal reserves needed to manufacture batteries.
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Much has been written on the upcoming supply crunch in the investor-friendly offshore wind installation market, but what are the challenges facing contractors looking to capitalize on this growth and optimize any potential investment in new assets?
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While CCS and CCUS become more ensconced in oil and gas energy-transition strategy, one major project has fallen short of targets. Infrared sensor technology could fill a crucial gap in halting methane leaks. And a geothermal startup gets a big vote of confidence from industry and celebrities.
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Delivering clear and consistent communication is a core component of crisis-response management. The complete paper describes an oilfield service company’s crisis-communication strategy implemented in response to a hurricane devastation of an area where more than 12,000 employees live and work.
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At a time when the world is dealing with the COVID-19 virus, it is a safe assumption that we are frequently thinking about our health. This selection of technical papers highlights the topic as addressed at the 2020 SPE Virtual International Conference on Health, Safety, Environment, and Sustainability.
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Over the course of 2 days, top energy and non-energy executives join OTC Board members to dissect and discuss future and current challenges facing an industry in the beginnings of substantial change.
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The combined company will have a strengthened position in the Permian Basin, and plans to operate 17 hydraulic fracturing fleets in the region.