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 paper describes the revalidation of a deepwater prospect that resulted in a no-drill decision.
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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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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.
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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.
