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 expands Cenovus’ SAGD footprint with three Alberta assets.
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The authors of this paper discuss deep closed-loop geothermal systems as an alternative to traditional enhanced geothermal systems for green energy production that is globally scalable and dispatchable. -
The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
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This paper describes the building of a geomechanical model for an offshore field that integrated drilling, geology, petrophysics, and reservoir data to play a major role in the drillability and deliverability of the reservoir.
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This paper describes an approach implemented by the operator to solve research and development challenges by creating in-house infrastructure of both software and hardware.
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This paper describes a solutions hub that integrates engineering tools to maximize value and improve decision quality using recent digital technologies.
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Norwegian oil company gets $220 million for 28% of the license.
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The French supermajor calls deal "more straightforward" than spin-off of business.
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The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
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The gathering’s goal is to install 120 GW of wind power in the North Sea by 2030.
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Several options exist for large-scale hydrogen underground storage: lined caverns, salt domes, saline aquifers, and depleted oil/gas reservoirs. In this paper, a commercial reservoir simulator was used to model cyclic injection/withdrawal from saline aquifers and depleted oil/gas reservoirs. The results revealed the need to contain the stored volume with an integrated…
