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.
-
This case history explores a multiwell sectional development in the Delaware Basin by a small operator who reduced drilling and completion costs, along with lease operating expenses, by turning undesirable produced water into an asset.
-
Planned seismic survey will cover shallow water acreage ahead of a planned bid round in 2023.
-
The paper provides insight into managing reserves and resource information during a merger through description of a case study.
-
Gazprom Neft Courts Middle East NOCs With Digital Technologies as it Seeks Bigger Role in the RegionA delegation from the Moscow-headquartered oil company recently visited Dubai with a slew of advanced technologies to see if anyone was interested in making a deal.
-
Tests confirm significant progress in deep shale gas exploration at a depth of over 4,000 meters.
-
COP26 concluded with mixed results. The journey to achieving the goals of the Paris Agreement will not be easy, and no one thought it would be. Even before COP26 began, a pledge made in 2009 and reaffirmed at the 2015 Paris meeting was stirring up frustration.
-
Large gas development expected to come online as early as 2025.
-
The failure of the Raptor rig to drill its first-ever well offers a short history of the challenges that came with creating the first automated drilling rig.
-
After 9 years of contributing to JPT, it’s time to hang up my spurs. I wanted to use this opportunity to raise a couple of issues, namely the effect and utility of machine learning and the usage of point-and-click engineering software.
-
The authors present a countrywide benchmarking of ultimate recovery factor for oil reservoirs in Kuwait.