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.
-
Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go. -
Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.
-
Gazprom Neft and a cloud computing joint venture involving Abu Dhabi National Oil Company have signed an agreement to commercialize jointly developed digital solutions in Russia and the Middle East.
-
The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.
-
The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
-
For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.
-
The French operator withdraws from flagship deepwater project.
-
The industry group called the decision by the court “misguided” and said it will result in significant uncertainty for Gulf of Mexico producers
-
The “merger of capabilities” is designed to accelerate growth in the region.
-
Highlights of what the US oil and gas chief said to SPE members at the recent Hydraulic Fracturing Technology Conference.
