Asset Management
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.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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The authors develop a methodology that calculates the mechanical specific energy using real-time drillstring acceleration signals directly. -
As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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Ecuador program will involve over 40 wells over 18 months.
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Brazilian state oil company will focus E&P efforts in deepwater.
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Shallow water assets sold include interests in four leases
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Venus well could prove 2 billion-barrel find.
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Geopolitics have led to nearly historical highs in gas and oil prices. The underinvestment in upstream oil and gas has strongly impacted both production capacity and record-low reserve discoveries. Addressing these issues among others, IPTC in Riyadh, Saudi Arabia, was a strong start for SPE this year. To determine the right path forward after the discontinuation of t…
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Formerly Delek Drilling, NewMed interested in Moroccan Mediterranean.
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Many OFS companies have pulled away from the unconventional resources and redirected their efforts into alternate energy and clean technology. There is a limited bucket of money available for these companies to invest in new technology, and with every dollar diverted to ESG, those dollars are taken away from traditional technologies.
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Founded in 2008, GA Drilling is developing plasma-based tools to achieve drilling speeds that are about three times faster than what conventional bit technology has historically achieved.
