Asset Management
LibertyStream has signed a feedstock agreement with Goodnight Midstream to support its first commercial lithium carbonate facility in North Dakota's Bakken, advancing plans to extract battery-grade lithium from produced water.
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.
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Wood secured two new contracts from Equinor for onshore and offshore facilities in Norway. -
Reports 20 June that Iran shot down a US Navy drone over the Strait of Hormuz—the global oil market’s most critical transit point—exacerbated tensions in the region following a pair of attacks on oil tankers in the Gulf of Oman just a week earlier.
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New analysis from Rystad Energy shows service companies are beginning to raise prices after seeing a significant drop following the oil price downturn. Pricing power is projected to keep rising in 2020 as the service industry sees more demand across the supply chain.
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Ranking places US ahead of Saudi Arabia and Russia.
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This new development is the first to recover commercial quantities of oil in the UK from reservoirs that are generally considered non-productive.
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Trade tensions and economic sentiment take a toll.
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Schlumberger introduced the GAIA digital exploration platform, which it says enables exploration teams to rapidly discover and access basin-scale data and manage their exploration opportunities.
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The Independent Project Analysis recently reached out to its clients to understand why digitalization tools are so burdensome for projects organizations to implement.
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Cost inflation and volatile commodity prices pose threats to sustained financial improvements.
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Up to 55,000 BOE/D of output is expected from the ExxonMobil-operated Bajo del Choique-La Invernada block in the Argentine shale play, with a possible second phase producing up to 75,000 BOE/D.
