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 industry continues its move toward energy transition, demonstrating different stages among companies. These industry changes are affecting our current and future members, and SPE is working to provide guidance and education to our members through many avenues.
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This paper presents an automated calibration process, probabilistic infill well ranking, and location optimization for a major heavy oil field in Colombia with original oil in place of more than 5 million STB.
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A series of new liquefaction projects along the US Gulf Coast is cutting through industry headwinds and moving toward final investment decisions.
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The appraisal results are not enough to push development forward.
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The University of Texas at Austin leads new energy consortium in partnership with multiple entities from academia, national labs, and a research center for development of the Permian Energy Development Laboratory.
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Researchers are building a comprehensive database of hundreds of salt domes to help expand subsurface hydrogen storage in the US.
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Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022.
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Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
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The Calgary-based shale producer said the deal involves at least 600 new well locations that will keep it drilling for the next 20 years.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.