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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Regulatory uncertainty continues to hamper Canadian provinces in competition for hydrocarbon investment. -
Next month, the 23-nation group of crude exporters will raise its allowable production output by another 400,000 B/D.
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The technical section will focus on the transfer of technology and practices from the oil and gas industry to geothermal energy development and promote industry best practices.
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Field cluster in the South China Sea expected to produce over 45,000 B/D of oil in 2023.
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UK-based oil company pulls out of South American country after non-commercial finds.
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It appears to be possible to sense how fractures change during production using ultrasensitive fiber-optic strain measurements.
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Sapakara South flow test encouraging, but Bonboni well result disappoints.
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New phase to venerable field ushers in natural gas, lower-emissions focus.
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Santos basin pre-salt find to be further evaluated following completion of well.
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The Yoti West-1 encountered oil in upper Miocene-aged sands.
