Asset Management
The deployment of a new heavy-duty robotic system aims to reduce workforce exposure to high-risk areas while improving detection of potential leaks.
Production delivered by the subsea artificial lift system will equal that obtained by drilling two new wells, according to BP.
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
-
SponsoredWhile WACC is frequently used as the base discount rate for corporate-level decision-making, using it as a universal discount rate for projects can result in inaccurate project valuations. Incorporating the opportunity cost of capital provides a more nuanced and accurate approach to project evaluation. -
The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
-
In this study, artificial-intelligence techniques are used to estimate and predict well status in offshore areas using a combination of surface and subsurface parameters.
-
The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.
-
Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
-
Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
-
Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
-
Updates about global exploration and production activities and developments.
-
Train 1 of the Corpus Christi LNG Stage 3 project is expected to reach substantial completion during the first quarter of 2025.
-
The Scarborough Energy Project is on track to start delivering liquefied natural gas in 2026.
