Management
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt. -
Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
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Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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Updates about global exploration and production activities and developments.
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Train 1 of the Corpus Christi LNG Stage 3 project is expected to reach substantial completion during the first quarter of 2025.
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The Scarborough Energy Project is on track to start delivering liquefied natural gas in 2026.
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Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
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The formal design and construction contract award comes after an LOI for the work was signed this past summer.
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Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations.
