Asset Management
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
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This article is the sixth and final Q&A in a series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this final edition, Matthew T. Balhoff, SPE, of The University of Texas at Austin shares his views on the future of upstream education. -
As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.
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Updates about global exploration and production activities and developments.
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This paper describes a data-driven well-management strategy that optimizes condensate recovery while preserving well productivity.
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This paper addresses the difficulty in adjusting late-stage production in waterflooded reservoirs and proposes an integrated well-network-design mode for carbon-dioxide enhanced oil recovery and storage.
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Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively.
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The authors of this paper apply a deep-learning model for multivariate forecasting of oil production and carbon-dioxide-sequestration efficiency across a range of water-alternating-gas scenarios using field data from six legacy carbon-dioxide enhanced-oil-recovery projects.
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This paper assesses the technical feasibility of geological carbon storage in the operator’s Brazilian brownfields, focusing on mature oil fields and associated saline aquifers.
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Experience in subsurface production and lift design is shaping a new generation of geothermal operations built for reliability and scalability.
