Asset Management
DNV notes that energy and industrial process-related carbon emissions will have dropped by 2050 by only 44% from today’s level, not even halfway to the net-zero pledge envisioned by the Paris climate agreement.
The UAE project is expected to produce up to 345 MMscf/D by 2029, with expansion potential to 1 Bcf/D.
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.
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The five top offshore producing nations produce 43% of all the oil offshore. -
SPE Production and Facilities Technical Director Hisham Saadawi shares the discussion from the annual ATCE PFC dinner panel on the topic “Integration Between Facilities and Subsurface Engineers: Crucial in an Era of Low Price Oil.”
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The opening of Mexico’s oil and gas sector was a landmark moment in the industry, but despite the potential upside, the uncertainty and risk surrounding unfamiliar offshore territory in a volatile price market kept many potential investors at bay.
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Reducing the complexity and controlling the cost of major offshore projects are together one of the biggest challenges facing the oil and gas industry.
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Petroleum industry professionals reported an average calculated total compensation of USD 185,001 in 2016, less than reported in previous years, according to the latest annual SPE Salary Survey.
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Kashagan crude reached the global markets. The world’s most expensive upstream project restarted production and about 195,000 barrels, produced during the startup process, were shipped for export.
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The outlook for the US onshore oil business is looking better, which is not to say it is looking up. Recent surveys by the Federal Reserve banks of Kansas City and Dallas indicated the industry had stabilized after a long period in critical condition.
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The world’s developing countries will lead economic growth and consume an increasing share of energy production globally over the next quarter-century,according to Rob Gardner, manager of economics in corporate strategic planning at ExxonMobil.
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Applying an economic analysis for Trinidad and Tobago's deepwater gas fiscal regime, results were calculated for various price scenarios to identify a workable strategy for development of offshore resources.
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Field-development projects need to include and consider not only a static or dynamic subsurface characterization but also the production-systems and facilities options, to trigger profitability and establish clear breakeven thresholds.
