Asset Management
Aramco says it has saved $770 million over the past 3 years from the $70 million it has invested over the same period in corrosion management technologies.
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
-
The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region. -
This paper aims to close some of the many knowledge gaps that exist in the field of drilling CO₂ storage wells, a task that is expected to involve handling an influx of CO₂ into the drilling fluid.
-
This paper describes a project in the heavy oil Captain field in the UK sector of the North Sea in which reduced environmental impact dovetails with improved economics.
-
This paper presents a specialized workflow that aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies for a deep formation in the Permian Basin.
-
This paper describes numerical modeling studies of fracture-driven interactions using a coupled hydraulic-fracturing-propagation, reservoir-flow, and geomechanics tool.
-
This paper describes a polymer-injection pilot in the Chichimene heavy oil field in Colombia.
-
The road to a low-carbon world is paved with more than just shiny new facilities and the promise to deliver impressive CO₂ reductions from the atmosphere. Without the software to site, monitor, and maintain those facilities, the drive for net zero would be stuck in neutral.
-
The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.
-
There is no shortage of quantum technology applications in the upstream industry, from supply chain to well placement, making now the time to take it seriously.
-
Olivier Houzé discusses his views on SPE finances, including a historical perspective, the effects of downturns and the COVID-19 pandemic, ongoing recovery, and future plans.
