Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
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The paper describes the development of an alkaline/surfactant/polymer formulation for the Mangala field in India, which involved more than 30 corefloods. -
Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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The acreage comprises 10 leases covering approximately 25,430 contiguous acres.
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New well northwest of Cizre strikes 162 m of light oil pay.
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New probe extended past 5.3 miles deep in Tarim Basin.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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SMJ will get 50% nonoperating interest in the PSC.
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A look at recent first‑quarter results reminds us that there is no such thing as a constant trend in our industry. Continual recalibration of companies’ activities aim to obtain positive financial results in the traditional oil and gas business while devoting efforts in a practical way to both mitigate climate change issues and to develop new forms of energy.
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No one expected the transition to be without hiccups, and recently, those hiccups have been heard within and outside the oil and gas industry.
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A testing and completion program for the CN-1 discovery is under review.
