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.
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The new finds could add more than 600 million BOE of gross crude reserves. -
The new agreement will see the partnership jointly invest in four deepwater projects.
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The SPE Strategic Plan to be developed needs to take into consideration the hardships and changes that have affected the industry and SPE members. It must provide a solid foundation to best serve our members’ needs into the future using a financially sustainable model.
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The duo looks to new drilling of the $8-billion pre-salt project in the Santos Basin.
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The partners decide on a single operator for finds in the NOAKA area.
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This paper discusses the challenges presented by factors such as infrastructure, types of primary energy, and investment.
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The Cronos-1 well gets underway after 2-plus years of pandemic-related delays.
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A large gas prospect offshore Norway fails to deliver
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Something often talked about but rarely occurs is the reuse of an existing, but idled, production platform on a new field. LLOG wants to change that with ambitions to rejuvenate the former Independence Hub floating production system for use on its Leon/Castile project in the deepwater Gulf of Mexico.
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The well had been touted as one of the most anticipated in the North West Shelf for many years.
