Asset Management
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
-
The new company, to be called Whitecap, will be the largest Alberta Montney and Duvernay landholder, sporting 370,000 BOE/D in combined production. -
Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
-
Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
-
The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.
-
Mero expects to increase its production capacity to over 700,000 B/D.
-
The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
-
The operator plans to acquire seismic and carry out appraisal drilling at the site later this year; the find could be fast-tracked as a tieback to the Goliat FPSO.
-
This paper aims to investigate the use of an optimization workflow to maximize both hydrogen storage and the net present value to obtain an optimal reservoir development strategy.
-
Transitioning to a low-carbon economy demands large-scale CO2, natural gas, and hydrogen storage. In this context, the application of AI/ML technology to uncover geochemical, microbial, geomechanical, and hydraulic mechanisms related to storage and solve complicated history-matching and optimization problems, thereby enhancing storage efficiency, has been prominently …
-
This paper describes how ramp-up operations and commercialization of an underground storage asset were combined, rapidly providing a wide range of commercial services to the Italian gas system while long-term UGS performance increased continuously.
