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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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.
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If successful, the production could be tied back to the nearby Gjoa platform.
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Target sands for the Beebei-Potaro well find water.
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Fast-track development options are currently under review for the discovery.
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The authors of this paper describe a holistic approach toward integrating alternative fuels and novel prime movers into life-cycle performance of offshore vessels.
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The operator believes the region has high potential for multiple hub-class targets.
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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…
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This paper describes a novel distributed quasi-Newton derivative-free optimization method for reservoir-performance-optimization problems.
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The South China Sea test could lead to a multibillion-barrel find.
