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 environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry. -
A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.
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The proposed facility would be used to accelerate innovations in lithium extraction, carbon storage, and geothermal energy in addition to oil and gas technologies.
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This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
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SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
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Sharing state-of-the-art design and troubleshooting methods, the workshop identified future separation needs and gap statements and proposed how to close the gaps.
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AI can transform our work, but it demands the highest accuracy. Anything less than perfect in oil and gas and other heavy-asset industries is unacceptable.
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As we turn the page on our 75th anniversary, JPT’s recent visit to the UAE offers a front-row seat of what some of the industry’s biggest players see coming.
