Management
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
        
        
    
    BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
        
        
        
        
    SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
        
        
        
        
    - 
                    
                    
                    This paper details how the reservoir modeling workflow can be accelerated, and uncertainty reduced, even for challenging greenfield prospects by constructing multiple small fit-for-purpose integrated adaptive models.
 - 
                    
                    
                    The retrofit merged enhanced gravity separation with induced gas flotation within the same vessel. Detailed insights into the design, operation, and performance of hybrid flotation systems are provided, offering valuable guidance for similar initiatives in the petroleum industry.
 - 
                    
                    
                    As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
 - 
                    
                    
                    The honor recognizes recipients for their lasting and significant contributions in the field of IOR.
 - 
                    
                    
                    By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
 - 
                    
                    
                    Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system.
 - 
                    
                    
                    The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
 - 
                    
                    
                    Pilots and papers are plentiful, but the shale sector has no big enhanced oil recovery projects to speak of. It may just have to stay that way for a while.
 - 
                    
                    
                    The project's floating LNG facility will be installed in the traditional territory of the Haisla Nation on Canada’s West Coast.
 - 
                    
                    
                    After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.