Management
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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This paper analyzes a 2021 merger to understand the distinct advantages gained from applying a probabilistic approach to the financial analysis of mergers, acquisitions, and divestitures. -
This paper presents three examples covering both gas and oil fields at different stages of their lives that show how estimated ultimate recovery (EUR) and the corresponding range of EUR uncertainty varies over the life of each field.
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This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.
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Updates about global exploration and production activities and developments.
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AI can transform our work, but it demands the highest accuracy. Anything less than perfect in oil and gas and other heavy-asset industries is unacceptable.
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This paper describes the development of guidelines to determine the most suitable corrosion-resistant alloys for downhole injection equipment in wells for carbon capture and storage and carbon capture, use, and storage.
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This paper examines how data-science-driven work practices can result in substantial reductions in methane emissions compared with other leak-detection and -repair methods.
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This month’s column offers an inside look at SPE’s governance, highlighting the Board of Directors and the selection process for its members. SPE President Olivier Houzé revisits lessons from the 2022 SPE-AAPG merger discussions and wraps up with actionable ideas to boost transparency and member engagement.
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As we turn the page on our 75th anniversary, JPT’s recent visit to the UAE offers a front-row seat of what some of the industry’s biggest players see coming.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water.
