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.
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The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company. -
Updates about global exploration and production activities and developments.
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
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Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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This paper presents the completion strategy implemented in an intelligent well completed in Malaysian deepwater Block K.
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This paper describes dynamic reservoir characterization considerations, challenges, and engineering solutions used to derisk field-development decisions confirmed by a well-testing campaign in a complex setting.
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This paper describes development-plan optimization and a probabilistic uncertainty study using Latin hypercube experimental design constrained to production performance in a deepwater Gulf of Mexico field.
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This paper presents the design and development of a prototype intelligent water-injection and smart allocation tool aimed at achieving autonomous waterflood operations.
