Asset Management
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
This guest editorial examines why geothermal projects require a different planning, financing, and development approach than traditional oil and gas projects.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
-
Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.
-
The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
-
Updates about global exploration and production activities and developments.
-
This month’s papers highlight new combinations of technologies, along with workflows automated in innovative ways, deployed to ensure precise measurement, accurate forecasting, and environmentally conscious operations.
-
This paper describes a novel 6.75-in. logging-while-drilling geochemical tool developed for accurate lithology, mineralogy, well-placement, and geosteering applications in complex reservoirs.
-
Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
-
The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.
-
A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
-
Among the awards are contracts for four currently idle deepwater rigs.
-
The $26-million project will serve as a collaborative hub for research, engineering, and testing.