Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block. -
Slickline-Deployed Fiber-Optic Cable Provides First Production Profile for High-Temperature Gas WellThis paper describes a case study in which, in the absence of a conventional production log, distributed fiber-optic sensing, in conjunction with shut-in temperature measurements, provided a viable method to derive inflow zonal distribution.
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This paper aims to analyze the relevance of wind and solar energy for the supply of artificial lift systems on offshore platforms in the Brazilian equatorial region.
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Updates about global exploration and production activities and developments.
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This paper provides insights into the technical and economic viability of repurposing oil and gas wells for geothermal energy production for direct heating.
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This paper discusses and evaluates retrofitting abandoned petroleum wells for geothermal applications as a commonly proposed solution to meet the challenge of the capital expenditure required for drilling and completion.
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This paper provides an overview of a geothermal assessment project completed to assess geothermal energy resources in and around an operational high-pressure/high-temperature field on the UK Continental Shelf.
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Majors and independents alike are targeting high-impact wells across the globe to boost future oil and gas production volumes.
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One area where the untapped potential of geothermal energy has been realized is in harnessing thermal energy from abandoned or inactive oil and gas wells. Such wells could be exploited for electricity generation or direct use through well repurposing.
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Artificial intelligence is increasingly being used to assist in the development of materials, including metal-organic frameworks (MOFs), to advance carbon capture technologies. Researchers assembled more than 120,000 new MOF candidates within 30 minutes.
