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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The new expanded SPE Journal resulting from the consolidation of SPE’s technical journals will provide SPE the opportunity to continue its mission of disseminating technical information across a global community while remaining open to new and expanding developments in all aspects of the oil and gas industry.
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The innovations in the carbon removal space are gaining attention for their potential to curb global climate change, but they each face particular challenges in implementation.
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The paper describes the development of an alkaline/surfactant/polymer formulation for the Mangala field in India, which involved more than 30 corefloods.
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A testing and completion program for the CN-1 discovery is under review.
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New well on the South Salinas project encounters commercial quantities of oil.
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New well northwest of Cizre strikes 162 m of light oil pay.
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New probe extended past 5.3 miles deep in Tarim Basin.
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Life-extension project will double the facility’s life in hopes to double its output to date.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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SMJ will get 50% nonoperating interest in the PSC.