Asset Management
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
SPE Journal is seeking submissions for a special issue on sustainable enhanced oil recovery (EOR), highlighting innovations that boost oil recovery while reducing CO2 emissions and environmental impact. The Call for Papers opens on 15 October 2026.
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
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The new deal will focus on developing Arctic onshore blocks in a region where a successful LNG project already exists. -
Shale-based associated gas production is behind the phenomenon. When oil prices do not support production, associated natural gas production also stops, with little to no consideration of natural gas prices.
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The country has announced that it plans to phase out all oil extraction by 2050.
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The Houston-based exploration company will work with the Abu Dhabi National Oil Company if it strikes big in the vast onshore block.
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A partnership between Saudi Aramco and Baker Hughes will build a plant where they will work to expand the uses of nonmetallic oilfield hardware, beginning with high-performance reinforced plastic pipe.
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The supermajor said that it hopes to complete a megaproject in Kazakhstan before rerouting future spending to the Permian Basin and other developments.
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Zion expects to spud the Megiddo-Jezreel #2 well at its current well location near Bet She'an by the middle of this month. The new license may be extended for a total of 12 months.
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The move will give the new entity shareholding in PDO and remove PDO’s oil and gas expenditures from Oman’s state budget.
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Under the group’s historic April agreement, the easing of voluntary cuts would have been 2 million B/D, which would have been too much for markets to absorb.
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Emerson has launched cloud-native software designed to find opportunities for field development through data mining and automation. The software, called SpeedWise Reservoir Opportunity, was developed in collaboration with Quantum Reservoir Impact.
