Asset Management
LibertyStream has signed a feedstock agreement with Goodnight Midstream to support its first commercial lithium carbonate facility in North Dakota's Bakken, advancing plans to extract battery-grade lithium from produced water.
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.
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The company’s 2021 Energy Transition Outlook says the Earth likely will miss the 2°C goal of the Paris Agreement and the window to get back on track is closing rapidly. -
This paper describes an artificial intelligence deep Q network for field-development plan optimization.
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After more than 2 decades of talk, multiple millions of dollars in investments, and a decade’s worth of joint industry projects, operators are starting to get on board with electrification as the base case for subsea solutions.
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In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning.
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Gas flows from Shell’s first greenfield project in Trinidad and Tobago.
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A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
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Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
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Country ceases hydrocarbon licensing to focus on greener forms of energy production
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The project’s new wellhead platform will be powered by a renewable energy system.
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The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
