Asset Management
This study investigates the potential for in-situ hydrogen generation from hydrocarbons using in-situ combustion, with particular emphasis on the role of kerogen content and heating mode.
This work elaborates on recommended practices for calibrating a numerical model to a set of available infill-well field observations.
Forecasters are divided on whether falling crude demand is a temporary response to high prices or a lasting course correction for global consumption.
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Kuwait Oil Co. signed a $597-million offshore drilling services contract with Halliburton for six high-pressure/high-temperature exploration wells on two jackup rigs in the Arabian Gulf. -
With the shale industry still awash in red ink, and oil prices falling, it may take more consolidation to try to bring some financial stability to the sector.
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The deal consists of stakes in nine shallow-water producing fields covering 108,000 gross acres in 10–50 m of water.
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Norwegian authorities approved development plans for Duva and Gjøa P1, both of which are expected to produce first oil in late 2020. The fields will each tie back to the Gjøa platform on the Norwegian Continental Shelf.
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Twelve organizations—universities and private technology companies—will conduct research and development on emerging shale plays and technologies covering everything from digital pressure-sensing to smart microchip proppant.
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Baker Hughes, a GE company, (BHGE) and C3.ai announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique artificial-intelligence software suite to deliver digital transformation technologies and drive productivity for the oil and gas industry.
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Phase 1 production from the deepwater US Gulf of Mexico field is expected to reach 30,000 BOPD. The field contains an estimated 5 billion bbl of oil in place.
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Saudi Aramco awarded a contract* to McDermott International for engineering, procurement, construction, and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia.
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Wood secured two new contracts from Equinor for onshore and offshore facilities in Norway.
