Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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.
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Statfjord has produced 5.1 billion barrels of oil equivalent over its four-plus decades online. -
New discovery pair drilled near Fram field.
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With the Omicron variant continuing to spread around the world, will a drop in oil prices follow? Maybe, but probably only in the short term.
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Business, management, and leadership skills, also known as soft skills or nontechnical skills, can and should be developed early in one’s career, preferably before receiving a promotion to a leadership position. These case studies illustrate the advantages of using business simulations and dedicated learning programs to practice both nontechnical and technical skills …
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New find located in Shell’s prolific Perdido Corridor in western US Gulf.
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State-run Staatsolie retains its 40% stake in Block 5.
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Phase 2 production should reach 40,000 BOE/D by mid-2022.
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Onshore stake valued at $1.1 billion.
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ExxonMobil is moving its headquarters to the Houston area as part of a major reorganization that will put its engineering and technology support staff in one unit.
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Acquisitive oilfield contractor has been bolstering its water and waste assets for the past half year.
