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 epands Cenovus’ SAGD footprint with three Alberta assets.
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This year has seen the highest amount of capacity sanctioned since 2010. -
ProPetro will provide committed services for a 3-year period to an undisclosed Permian Basin operator.
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The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
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After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
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This paper describes a novel method based on machine learning to maintain an evergreen competency database. The tool reduces discrepancies between organizational requirements and the actual talent deployment by using unstructured corporate data.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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The well is targeting middle and lower Jurassic-aged reservoirs.
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The authors of this paper discuss an integrated cloud-based work flow aimed at evaluating the cost-effectiveness of adopting geothermal production in low- to medium-enthalpy systems.
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Baodao 21-1 is the first deepwater, deep-stratum large gas field in the South China Sea.
