Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
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Operators share emissions-mitigation research insights amid calls to accelerate to meet 2030 goals. -
Part 3 of this series looks at the importance of performance analysis and how to generate the economic benefit for solving conformance or sweep efficiency problems. The economic elements of this review are very basic, but they will help you to determine a more-accurate understanding of the true economic benefit.
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The wells in its Tishomingo field add more than 1,500 BOE/D to the company’s production.
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The announcement underscores the potential importance of the Orange Basin.
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Preliminary evaluation indicates gross recoverable resources of 120 million–230 million BOE.
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While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
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The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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UK Prime Minister Rishi Sunak commits to future oil and gas licensing rounds as new analysis shows domestic gas production has around one-quarter the carbon footprint of imported liquefied natural gas.
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OMV’s discovery of a domestic gas resource coincides with its agreement to import LNG from BP to be regasified in Rotterdam, as Austria knits together a strategy to ensure its energy security.
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The US accounted for 75% of global growth in LNG liquefaction capacity last year as Europe’s worldwide imports jumped 66%, according to the International Gas Union.
