Asset Management
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
The Norwegian operators will collaborate on technology development, standardization, and well-stimulation solutions aimed at making tight oil and gas resources commercially viable in the NCS.
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A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public. -
Oil boss tells CERAWeek attendees a healthy oil industry will push green energy investment.
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The US government is looking at the contractor’s books over possible sanctions violations.
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Will the oil fields of today become the hydrogen fields of tomorrow? Calgary-based Proton Technologies says this is possible and hopes to prove it soon after inking multiple licensing deals with other oil and gas companies.
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The drilling program is the first exploration well to be drilled in production license 785 S.
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The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.
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The Gulf of Mexico discovery, a product of infrastructure-led exploration, boasts 100 million bbl of gross potential.
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With all permits, personnel, and equipment in place, Zion is set to operate the well.
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The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
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The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
