Asset Management
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company.
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Updates about global exploration and production activities and developments.
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This paper presents the design and development of a prototype intelligent water-injection and smart allocation tool aimed at achieving autonomous waterflood operations.
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
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This paper described the use of digital twin technology to identify design modifications required at an onshore site and visualize proposed offshore assets for a Trinidad and Tobago development.
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Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.
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Operators are turning the tide on the Lower Tertiary trend with increasingly large stimulations that are also pushing the limits of offshore technology.