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.
-
Queensland, Australia, is currently host to a number of coal-seam-gas (CSG) to liquefied-natural-gas (LNG) projects under development. -
Saudi Aramco’s plan to create a global network of research centers is becoming a reality. It recently celebrated the opening of its Houston center that the company’s President and Chief Executive Officer Khalid Al-Falih described as “an upstream research center like no other.”
-
A panel of oil and gas industry experts at the Rice Global Engineering and Construction Forum discussed megaprojects and the joint responsibility of owners and contractors to make them better.
-
At the Unconventional Resources Technology Conference in Denver, discussion revolved around solving problems below ground and above ground.
-
Although the use of managed-pressure drilling is helping drilling operation by allowing better pressure control in the annulus, there are also new risks to be taken into consideration.
-
With the Bakken production rate surpassing an average of 1 million BOPD, the issue of crude transport by rail and its regulation has moved to the forefront.
-
With events such as the BP Macondo blowout in the US Gulf of Mexico (2010) and the Pemex Ayatsil-C platform accident (June), the safety risks inherent in oil and gas projects are evident.
-
A few weeks ago, I noticed that someone had viewed my LinkedIn profile. We all have had this happen, and often it will be recruiters or business development professionals looking for contacts, or people who wish to remain anonymous for some reason.
-
The factors contributing to out-of-control costs and delayed deliveries of projects are many. They range from unrealistic early cost and time estimates and human factors to the effects of geopolitical events.
-
Last year, lawmakers in the United States sent a blunt message to the oil business: If it wants new exploration and production technology, it will need to pick up more of the cost.
