Asset Management
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
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This year has been both inspiring and exhilarating in the production and facilities domain, highlighted by a record 269 abstracts. This plethora of ideas fosters industry knowledge and promotes the exchange of innovative solutions driven by engineering advancements and data analytics. -
Hot rock is found worldwide, but the methods used to generate energy from it vary.
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This paper analyzes a 2021 merger to understand the distinct advantages gained from applying a probabilistic approach to the financial analysis of mergers, acquisitions, and divestitures.
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This paper presents three examples covering both gas and oil fields at different stages of their lives that show how estimated ultimate recovery (EUR) and the corresponding range of EUR uncertainty varies over the life of each field.
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This paper examines how data-science-driven work practices can result in substantial reductions in methane emissions compared with other leak-detection and -repair methods.
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This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.
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Updates about global exploration and production activities and developments.
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AI can transform our work, but it demands the highest accuracy. Anything less than perfect in oil and gas and other heavy-asset industries is unacceptable.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water.
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This paper describes the development of guidelines to determine the most suitable corrosion-resistant alloys for downhole injection equipment in wells for carbon capture and storage and carbon capture, use, and storage.
