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.
-
The deepwater find will now be delineated to verify size. -
The new well results boost Baleine field volumes in place by 25%.
-
The operator expects most of the field’s estimated 90 million BOE to be oil.
-
The project comprises a pair of subsea wells tied back to the host spar.
-
If successful, the production could be tied back to the nearby Gjoa platform.
-
Target sands for the Beebei-Potaro well find water.
-
Fast-track development options are currently under review for the discovery.
-
The authors of this paper describe a holistic approach toward integrating alternative fuels and novel prime movers into life-cycle performance of offshore vessels.
-
The operator believes the region has high potential for multiple hub-class targets.
-
An automated detection application helped identify stringers early for an operator of a mature field in the North Sea while drilling multilateral wells through reservoir sections containing hard calcite stringers interspersed in sand formations with low unconfined compressive strength. The application guided drilling decisions that minimized invisible lost time and sh…
