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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In the northeastern desert of Utah, a new type of oil sands extraction technology has been born. The company behind it claims the process is the most cost-effective and environmentally sound way to develop oil sands. -
SPE’s technical directors are focused on problems that require working outside the bounds of their discipline.
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In this paper, the effect of timing and pattern of well placement on NPV is studied. Three scenarios were evaluated.
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This paper describes a case study in which four reservoir models were coupled with a production-network model, with the objectives of maximizing recovery factors, identifying operational problems, and evaluating water-production effects.
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The realization that we should not look at any individual aspect of how to estimate unconventional reserves and resources properly without considering its place in the project life cycle reflects a maturity within the industry.
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The implementation of the PRMS has contributed significantly to the understanding of the hydrocarbon-maturation process in the Netherlands.
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This paper presents methods for production forecasting that give reasonable post-treatment predictions that have been found to be useful for economic planning.
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A webinar examined reasons why projects fail to meet profit expectations and how success potential can be enhanced.
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Developing performance indicators that will provide meaningful comparisons across the wide variation in oil and gas platforms is important, since good indicators can drive optimal operations. But is is also complex.
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The purpose of this paper is to examine coiled-tubing (CT) -stimulation and -logging technologies used in the timely project execution of one of Saudi Arabia’s largest field developments to enhance matrix-stimulation success in a cost-effective manner.
