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 nation set to offer 14 offshore blocks in April. -
The operator adds equity interests in five discoveries in the region.
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Initial production rates have exceeded 10,000 B/D of oil.
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Production-sharing contracts sold were in the Baram Delta region.
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Two US test sites have fractured hot, dry rock with plans to create a network of fractures for water heating. They will soon find out if the fractures worked as expected.
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The coupled geomechanical and dynamic flow simulation work flow described in this paper relies on a multidisciplinary approach to meet future peak gas demands and support clean-energy initiatives.
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The technology and knowledge base of the E&P sector is poised to play a major role in the newer, lower-carbon energy economy.
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Ministry takes to Twitter to reveal new oil concession round coming soon.
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South Bohai Sea find offers up light crude bounty.
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The latest Orange basin find is the third in the past year.
