Asset Management
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.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life. -
The authors of this paper describe the path of an operator’s successful exploration program that has integrated geologic and geophysical understanding and new technology to discover 8 billion BOE at the time of writing.
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A total of 20 new exploration blocks are on offer within the Israeli Economic Zone.
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Rate transient analysis has been challenged in every sense of the word when it comes to tight reservoirs. An ongoing joint industry project aims to turn that around.
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The Agua-Marinha block is located in the Campos Basin off Brazil.
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This paper describes how a surveillance, analysis, and optimization plan was used to resolve subsurface uncertainties and optimize a reservoir development plan and provides lessons learned and best practices.
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A deeper understanding of the roles of individuals in the innovation process is more important than ever as the organizations that make up the industry are being fundamentally transformed. Who are the “explorers” within the sector that are hardwired to deliver tomorrow’s bolder technologies? And who are the “exploiters” that prefer to stick with less‑ambitious innovat…
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Equinor will participate in 25 exploration wells on the NCS this year.
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New well on the Gydan Peninsula strikes gas and condensate.
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Supermajor sells Central African operations for $407 million.
