Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
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Rate transient analysis has been challenged in every sense of the word when it comes to tight reservoirs. An ongoing joint industry project aims to turn that around. -
The Agua-Marinha block is located in the Campos Basin off Brazil.
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This paper describes how a surveillance, analysis, and optimization plan was used to resolve subsurface uncertainties and optimize a reservoir development plan and provides lessons learned and best practices.
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A deeper understanding of the roles of individuals in the innovation process is more important than ever as the organizations that make up the industry are being fundamentally transformed. Who are the “explorers” within the sector that are hardwired to deliver tomorrow’s bolder technologies? And who are the “exploiters” that prefer to stick with less‑ambitious innovat…
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Equinor will participate in 25 exploration wells on the NCS this year.
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New well on the Gydan Peninsula strikes gas and condensate.
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Supermajor sells Central African operations for $407 million.
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New well near Speyer, Germany adds 1,800 B/D of new production
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Both finds will be tied back to the nearby Ram-Powell TLP.
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Spending plans announced by oil and gas companies indicate that about 80% of their budgets are directed toward traditional E&P, efforts to reduce emissions and carbon footprints, and sustainable investment in new energy. It is reasonable to expect that with these budget increases, there will be an uptick in the employment of petroleum professionals.
