Asset Management
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
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Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s. -
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
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Aramco says it has saved $770 million over the past 3 years from the $70 million it has invested over the same period in corrosion management technologies.
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This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
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BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
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Utah, Colorado, Arizona, and New Mexico have formed the Mountain West Geothermal Consortium to turn geothermal energy into gigawatts of baseload power.
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Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.
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The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.
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Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
