Asset Management
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The following three papers show challenges and potential solutions across various stages of the deepwater well-development cycle from a variety of deepwater basins across the world.
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Getting a good well for a field test can make or break a new idea. A government backed research group in Saskatchewan is offering up to CAD 100,000 break on royalty payments to test ways to extend the life of conventional, heavy-oil fields. -
Sanchez Energy’s COO discusses the company’s project management strategies in its Eagle Ford operations.
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To meet its projected oil demand in 2040, Mexico must see about USD 30 billion/year in upstream investment. BHP Billiton’s contract signing with Pemex represents a step in the needed direction.
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Russia has looked to the east to find more oil and gas, growing markets and investor support, allowing it to shrug off the global slump and trade sanctions.
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If a boom in electric vehicle sales takes place, a group of auto experts suggest it would represent a larger immediate threat to electricity supply than it would to oil demand.
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The deal will transfer nearly 2 billion bbl of reserves to Canadian Natural Resources while bolstering Shell's downstream and carbon-capture role in support of oil sand development.
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At IHS CERAWeek, Saudi Arabian Energy Minster Khalid A. Al-Falih and Pemex Director General José Antonio González Anaya expressed cautious optimism for the short-term outlook.
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Opportunities to convert gas or natural gas liquids into high-octane gasoline blending stocks could contribute to growth in US natural gas demand.
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The new head of ExxonMobil used his first major public appearance to emphasize the major oil company's committment to environmental concerns through the development of emerging technologies.
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The CEOs of Petrobras and Statoil discuss the challenges their companies face in enacting economically and environmentally sound operational policies.
