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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A government-imposed limit on gas reinjection aimed at fueling domestic growth risks cooling future investor interest in Brazil’s offshore. -
This paper delves into the evolving landscape of drilling automation, emphasizing the imperative for these systems to go beyond novelty and deliver quantifiable financial value.
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This paper describes a new application that leverages advanced machine-learning techniques in conjunction with metocean forecasts to predict vessel motions and thruster loads.
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This paper provides insight into designing advanced well completions offshore West Africa with autonomous inflow control devices that enable maximizing the producing life of the wells under various challenging reservoir conditions.
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This paper discusses the approach used to sectorize a mature giant carbonate reservoir located onshore Abu Dhabi for the purposes of reservoir management, offtake, and injection balancing.
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Maximizing profits in geothermal energy may require the flexibility to adjust output as electricity prices fluctuate. Battery storage can ensure power is available when prices peak.
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Updates about global exploration and production activities and developments.
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Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth.
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In this vodcast and column, Olivier Houzé explores the polarized views among SPE's members about the energy transition, highlighting the geographic and demographic differences. He examines historical perspectives on energy transitions, evaluates future scenarios, and discusses how SPE can adapt its mission to stay relevant.
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Oil and gas leaders identified the upcoming US presidential election and economic uncertainty as significant drivers of their decision making for 2025.
