Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas. -
The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company.
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Updates about global exploration and production activities and developments.
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This paper describes dynamic reservoir characterization considerations, challenges, and engineering solutions used to derisk field-development decisions confirmed by a well-testing campaign in a complex setting.
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This paper presents the design and development of a prototype intelligent water-injection and smart allocation tool aimed at achieving autonomous waterflood operations.
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
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This paper described the use of digital twin technology to identify design modifications required at an onshore site and visualize proposed offshore assets for a Trinidad and Tobago development.
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Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
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Rigorous engineering remains the key platform to accomplish the dizzying array of complex work on a daily basis and the linchpin in elevating the performance of deepwater projects from acquisition to abandonment.
