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 company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG. -
After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
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This paper describes a novel method based on machine learning to maintain an evergreen competency database. The tool reduces discrepancies between organizational requirements and the actual talent deployment by using unstructured corporate data.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.
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The well is targeting middle and lower Jurassic-aged reservoirs.
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The authors of this paper discuss an integrated cloud-based work flow aimed at evaluating the cost-effectiveness of adopting geothermal production in low- to medium-enthalpy systems.
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Baodao 21-1 is the first deepwater, deep-stratum large gas field in the South China Sea.
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At 50,000 ft, the well is about 800 ft longer than the previous record holder.
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The complete paper outlines adaptations of the SPE Petroleum Resources Management System to a company’s business processes.
