Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
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The largest US oil and gas company is ending its 25-year presence in Russia following its invasion of Ukraine and subsequent international sanctions. -
A week after its certification was halted, the company managing the Gazprom-operated pipeline has let go its staff and says its website has been attacked.
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In addition to manufacturing, the facility allows the company to expand its specialty chemicals research and applications for oilfield stimulation and production and better serve the region’s industrial water and process treatment markets.
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The two companies will work to retrofit nonproducing wells for geothermal production and scale GreenFire Energy’s closed-loop advanced geothermal systems.
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The 31-member group approved its fourth coordinated release since 1974 in response to the looming supply disruptions caused by Russia's invasion of Ukraine.
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Is it possible to predict future petroleum engineering graduation rates based on past trends? The answer is no. But this discussion by experts in both analysis and academia shows those trends can offer some interesting insights.
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Malaysia Bid Round 2022 is promoting 14 exploration blocks in addition to known discovery areas.
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Stunningly ambitious plans to create global carbon capture and storage that rivals the scale of today’s oil and gas production will require a host of technical skills to determine if it is even possible.
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Licenses include a dozen in the North Sea, 10 in the Norwegian Sea and 4 in the Barents
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Additional tie-back opportunities should move even more volumes through the facility.
