Management
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The latest corporate plan drops the amount the company says it will invest in low-carbon efforts by $10 billion from last year’s plan.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.
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YP and petroleum engineer Natan Battisti spoke with The Way Ahead about the role SPE's mentoring program played in his career and his motivation for helping others as a mentor.
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The two Houston area-based companies have struck an agreement valued at almost $1.6 billion.
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The sales and purchase agreement obliges Taiwan’s national oil company, CPC, to buy 4 mtpa of liquefied natural gas for 27 years while Taipei also acquires equity in the North Field East.
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A May expedition identified 10 mud volcanos on the Norwegian Continental Shelf, and geochemical and biostratigraphy tests are underway to determine the age of the mud and the potential for hydrocarbons.
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A newbuild Fast4Ward hull will be used as part of the Block 58 development set for FID prior to year-end.
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An economic analysis of a wellbore methodology in natural gas fields that uses gasification of methane within the wellbore (not within the reservoir) for hydrogen production while incorporating simultaneous sequestration of carbon. This new methodology offers significant energy and cost savings in addition to zero carbon being produced to the surface.
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If confirmed, the 14 billion BOE believed to lie at the bottom of the East Sea could satisfy Korea’s gas demand for 29 years.
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The SPE/IADC Asia Pacific Drilling Technology Conference and Exhibition will offer opportunities to exchange views, deliberate solutions for prevailing challenges, and enhance operational efficiency through collaboration and sharing of best practices.
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The deepwater Gulf of Mexico project in the Paleogene will require a 20K-psi production semisubmersible.