Asset Management
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
-
A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
-
Benriach well finds subeconomic natural gas accumulation.
-
Well and sidetrack encountered pay in the targeted Santonian interval.
-
Challenges including increases in UK taxation have prompted operator Parkmead Group to drop plans to develop its Greater Perth project in the North Sea.
-
SPE’s professional membership has an important role to play in mitigating climate change concerns and in developing new low- or no-carbon sources of energy. We offer a forum for presenting and disseminating scientifically vetted technical information about what can be and is being done by our members.
-
Follow-up sidetrack tested up to 5,000 B/D of oil.
-
CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
-
Picking up the pace of innovation and demonstration of advanced nuclear reactors is required if nuclear is to play a role in decarbonization beyond electricity by providing low-carbon heat or hydrogen.
-
The record-setting probe has yielded a discovery estimated to be between 53–90 million BOE.
-
First gas is flowing from IOG’s Blythe H2 well, part of the Southern Banks gas development in the UK southern North Sea.