Asset Management
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.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
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SPE Journal is seeking submissions for a special issue on sustainable enhanced oil recovery (EOR), highlighting innovations that boost oil recovery while reducing CO2 emissions and environmental impact. The Call for Papers opens on 15 October 2026. -
Shell has reached FID on LNG Canada Phase 2, a major expansion that will double the Kitimat facility’s LNG export capacity to 28 mtpa and strengthen long-term supply to growing Asian markets.
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The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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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.
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The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
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The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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New agreements for exploration and production in Africa include activity in the Orange Basin offshore Namibia, offshore Angola, Senegal, and Côte d’Ivoire. In the Gulf of Mexico, a memorandum of understanding for deepwater evaluation was signed between Woodside Energy and PEMEX and Viridien initiated its Walker Ridge Reimaging Extension. TotalEnergies provided a targe…
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This work introduces a novel predictive methodology combining historical metocean data with real-time riser analysis for shallow water dynamically positioned rig operations.
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This paper presents an approach for safe, efficient, and cost-effective legacy well reabandonment.
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This paper presents a flexible, highly cost- and energy-efficient method of gas separation and CO₂ capture from many different gas mixtures with a large range of CO₂ concentrations.
