Asset Management
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
The Norwegian operators will collaborate on technology development, standardization, and well-stimulation solutions aimed at making tight oil and gas resources commercially viable in the NCS.
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Companies are rethinking offshore developments and in a very tough market are finding innovative ways of bringing some projects forward.
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The new CEO of Pemex outlined his plan to reverse the state-owned company’s struggling financial and production situation.
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While the current oil prices may not generate the cash flow needed to pay for offshore projects using traditional financial options, private equity may be the best alternative for operators.
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Secretary of the Interior Ryan Zinke praised America’s resource potential and regulatory framework at OTC. He also laid out his plan to review the department and signed two secretarial orders.
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Brazil is embarking on a 3-year round of bid sales offering international oil companies multibillion barrel prospects with better contract terms.
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This paper reviews clusters of information that will be termed “building blocks” for deepwater-field-development planning, discussing how they are currently used and exploring more-affordable, but technically robust, alternatives.
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Russia’s need to continue expanding the oil and gas business is pushing it to look east for more production and markets. But everywhere it turns there is stiff competition in a world awash in oil and gas.
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An industry expert said that workforce education will be critical to helping companies adapt to a changing data landscape and optimize their operations.
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Shale explorers in Argentina are reporting that improving performance and activity is set to rise this year to boost the country’s gas production.
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A panel of executives, project managers, and government regulators involved with the Mad Dog project in the US Gulf of Mexico discuss the importance of collaboration and strategic alignment in project development.