Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
Shell is continuing to reshape its portfolio with the sale, which includes its interest in the BP-operated Na Kika platform and the Coulomb tieback.
-
The world produces vast volumes of carbon dioxide, and CO₂-EOR is one of the best-established techniques for increasing oil production. Despite this, its use remains limited because of economic, logistical, and operational challenges. -
This paper presents a reduced physics-based model that accelerates the ability to screen infill-location optimization, using the fast marching method to maximize production for a reservoir with multiple realizations.
-
Oil prices are high, but spending has not caught up—yet. Meanwhile, exploration strategies are changing around the world toward a lower-risk model, and the frenzied pace of US M&A has very much cooled off.
-
This energy roundup highlights major global developments, including Western Australia’s approval of Woodside’s Browse gas project, TotalEnergies’ FID for Cyprus’ first gas development, and new oil and gas discoveries offshore Colombia, Namibia, and Angola. Read the latest updates on LNG projects, exploration successes, seismic surveys, and strategic upstream investmen…
-
With millions of wells having been drilled in the US since the beginning of the oil age, the land is pocked with old, unused wellbores. For most, repurposing is a pipe dream. Plugging is the best option.
-
This paper presents a case study from a mature field redevelopment project where pulsed neutron logging was integrated with advanced reservoir modeling to improve the understanding of fluid-contact dynamics and optimize new horizontal well placement.
-
This article from the SPE Research and Development Technical Section offers new insights to how the upstream industry can benefit from the emergence of quantum computing.
-
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
-
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
-
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
