Asset Management
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 epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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Considering the admirable perpetual transformation of the deepwater sector and the crucial impetus for change in the industry, the yearning for aggrandized and augmented innovative advancements is needed more now than ever. -
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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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
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An energy transition symposium was held in February in Washington, DC, to inform and engage policymakers and the policy community in the US capital from the perspective of the engineers and geoscientists who currently work to supply 60% of the world’s energy.
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One new license holds the future location of the Gale exploration well.
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The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
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The rigs will work in the Norwegian Sea and on the Johan Castberg field.
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Supermajor down, but not out of Brazilian exploration game.
