Asset Management
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
The Seismos full-scale research center opens to industry, universities, and national laboratories, advancing acoustic sensing across upstream energy, pipelines, critical infrastructure, and national security.
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
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Current production from the phase is 400 MMcf/D and expected to peak at 700 MMcf/D. A third phase also is slated to come on stream this year. -
The Eagle Ford Shale has reclaimed its standing as one of the most attractive US onshore liquids basins, and for good reason. Does this mean more operators will seek to buy in to the play, and could further consolidation take hold following last year’s big deals?
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Trendsetter Engineering completed its 2-year design and build work for Noble Energy’s Leviathan project.
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DCN will execute fabrication, installation, and precommissioning of various components for a gas export pipeline from two platforms in the Dutch North Sea.
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Teekay Offshore has agreed to a 3-year contract extension with Petrobras for the Piranema Spirit, an FPSO located in the Piranema field offshore Brazil. The agreement, which includes termination rights for Petrobras with 10 months’ advance notice, was signed in January but takes effect this month.
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DCN Diving has received a contract from Dana Petroleum to execute work offshore the Netherlands. Under the terms of the deal, DCN will perform the fabrication, installation, and precommissioning of various tie-in spools and a flanged connector for Dana’s DP-012 gas export pipeline.
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The struggle to overcome the challenge of frac hits has led to a critical dialogue about which pathway the shale sector should take. One idea is to simply put the problem at the center of every major decision.
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Culture, not controls, will drive the next phase of industry safety evolution, said presenters at a recent HSE conference.
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One of last year’s big stories in the industry was consolidation among several of the larger upstream operators. But deal activity has fallen off in recent months. Will things remain this quiet during the somewhat uncertain year ahead?
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A new report expects US producers to drill their highest number of wells since 2014, and that completion activity may exceed drilling for the first time since 2016.
