Asset Management
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
-
Oil and gas experts encourage human/AI partnerships that can “supercharge” capabilities to create competitive advantages. -
Jennifer Miskimins will take office as 2026 SPE President during the 2025 SPE Annual Technical Conference and Exhibition in October. She shares her views of the challenges facing our industry and SPE members, her outlook for our industry, and what her goals will be during her presidency.
-
The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset.
-
This paper reviews lean construction management processes adopted in the Apani Field development, from facility design to construction management and drilling-location preparation.
-
This paper presents an efficient mathematical optimization method for well placement that maximizes contact with the productive zones for the best locations in the reservoir.
-
While new imaging capabilities are rejuvenating old data so explorers can discover hydrocarbons, finding and developing reserves is increasingly complicated.
-
The transaction adds 267,000 net acres and nearly 140,000 BOE/D from Vital Energy, lifting Crescent into the top 10 largest US independents.
-
The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer.
-
Contractor realizes big gains on divestment of business unit owned less than a year.
-
The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
