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.
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Utah, Colorado, Arizona, and New Mexico have formed the Mountain West Geothermal Consortium to turn geothermal energy into gigawatts of baseload power. -
Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.
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The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.
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Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
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This paper presents a case study of oriented tubing-conveyed perforation followed by an acidizing operation to overcome technical challenges posed by a depleted reservoir targeted for a carbon capture, utilization, and storage project.
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INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
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This paper details a new enhanced oil recovery method piloted successfully by several operators in the Bakken and recently implemented in the Midland play of the Permian Basin.
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New insights from Chevron, Occidental Petroleum, and others at the SPE Improved Oil Recovery Conference highlight the different paths companies are using to squeeze more out of tight rocks.
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This paper describes the use of encapsulated polymer technology to address the issues of shear degradation and injectivity integrity faced in the application of polymer flooding in an offshore development context.
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New technical papers suggest advanced robotic systems may not be far away from broad adoption for a large share of offshore inspection and intervention.
