Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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.
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Output from the field is expected to return to pre-shut down levels this summer. -
Well is estimated to have encountered as much as 35 million BOE.
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Two firms are using hydraulic fracturing to create high-pressure water reservoirs that can be turned on and off to meet electricity demand.
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Program will focus on finding more resources around Goliat and Johan Castberg through 2026.
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The current program comprises six planned wells.
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Rig will continue to work offshore India.
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Pair joins other E&Ps who have halted work in the area after disappointing results.
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Part 4 of this series provides an overview of ongoing research and recent technology improvements within the US taking place in both academia and the service industry.
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In this podcast episode and transcript, Terry Palisch shares his thoughts about how SPE and its members fit into the energy transition and what it means for our energy future.
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Project consists of two production wells and a subsea tieback to ETAP.
