Management
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
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Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role. -
The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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This paper describes a project in the heavy oil Captain field in the UK sector of the North Sea in which reduced environmental impact dovetails with improved economics.
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This paper presents a specialized workflow that aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies for a deep formation in the Permian Basin.
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This paper describes numerical modeling studies of fracture-driven interactions using a coupled hydraulic-fracturing-propagation, reservoir-flow, and geomechanics tool.
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This paper aims to close some of the many knowledge gaps that exist in the field of drilling CO₂ storage wells, a task that is expected to involve handling an influx of CO₂ into the drilling fluid.
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This paper describes a polymer-injection pilot in the Chichimene heavy oil field in Colombia.
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The road to a low-carbon world is paved with more than just shiny new facilities and the promise to deliver impressive CO₂ reductions from the atmosphere. Without the software to site, monitor, and maintain those facilities, the drive for net zero would be stuck in neutral.
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There is no shortage of quantum technology applications in the upstream industry, from supply chain to well placement, making now the time to take it seriously.
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Updates about global exploration and production activities and developments.
