Asset Management
The deal expands TotalEnergies' exposure to US deepwater exploration acreage in the Green Canyon and Walker Ridge areas.
Operators struggle to understand proppant placement beyond the fracture, and that’s the information that could be the key to boosting EUR.
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
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US oil producers ExxonMobil and Chevron announced they are tightening output, for combined global shut-ins of 800,000 B/D, in response to plunging crude prices and shrinking fuel demand. -
India may be the second country to lease space in the US SPR. Capacity at the SPR has been building for the past 5 weeks.
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A new report from the IEA forecasts the global oil and gas industry will suffer a $1-trillion loss in revenue as a global pandemic saps demand and crushes prices. It might also set the stage for a price swing in the next few years.
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PETRONAS, Universiti Teknologi PETRONAS (UTP), and the Society of Petroleum Engineers (SPE) recently collaborated on how best to leverage the collective strengths, expertise, knowledge of the industry, academia. and professional association.
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Delays and disruptions have stymied project plans in the past few months. How will companies prevent current stresses from morphing into catastrophic issues?
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Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.
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Gasoline and diesel demand are set to increase YoY beginning in Q3 2020.
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Production from Train 3 comes almost a month after reaching its final commissioning stage. Commercial operations will follow testing and authorization from FERC.
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Senior oil and gas professionals see hydrogen as a significant part of the global energy mix by 2030.
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FID on RGLNG was originally expected in 2019, before it was pushed to Q1 2020. NextDecade will continue to develop and de-risk the project.
