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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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.
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Canada will become the world’s fifth-largest producer of crude oil in 2017. The solvent-assisted-SAGD poses the largest advancement in production techniques in the oil sands, and if scaled up, could further reduce extraction costs.
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Argentina President Mauricio Macri visited with oil and gas companies in Houston to emphasize that his country’s reforms are making it increasingly attractive for upstream investing.
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The recent upswing in M&As in the oilfield services sector may be a harbinger of more to come as operators push for capex and opex control.
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A new material under development is highly effective at sieving carbon dioxide from natural gas streams and is also cheap and easy to make, according to researchers.
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When technology startups and oil and gas companies finally agree to run a pilot test, there are a few things both sides of the table should know before they move forward.
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Short-cycle projects allow owners and operators to stay financially stable while preserving the production infrastructure and capacities needed to expand quickly when oil prices improve.
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Before you head to OTC 2017, make plans for the event’s best opportunities for professional networking and to learn about the array of new technologies pushing their way into the business.
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New figures show that the facilities working in the Gulf of Mexico achieved higher crude output in 2016 than at any other period.
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This paper presents a novel approach to generate approximate conditional realizations using the distributed Gauss-Newton (DGN) method together with a multiple local Gaussian approximation technique.