Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair. -
The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company.
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This paper presents the completion strategy implemented in an intelligent well completed in Malaysian deepwater Block K.
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This paper describes development-plan optimization and a probabilistic uncertainty study using Latin hypercube experimental design constrained to production performance in a deepwater Gulf of Mexico field.
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Operators are turning the tide on the Lower Tertiary trend with increasingly large stimulations that are also pushing the limits of offshore technology.
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To ensure successful outcomes, it’s crucial to understand the battery itself, define objectives clearly, and analyze operational profiles thoroughly.
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Matthew Bryant has spent years trying to convince engineers that the API proppant testing standard has significant limitations. And he may well be right.
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Developing alternative power supplies with wide-scale reliability, dependability, and minimization or elimination of GHG emissions within feasible capex/opex scenarios is the brass ring of sustainability and energy security—and data are helping us get there.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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New round covers 41 parcels across almost 10.3 million hectares off Newfoundland and Labrador
