Management
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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The combined firm aims to create a stronger and more diversified geophysical company and energy data provider. -
The French company inked agreements at COP28 to share its newly developed CO2 and methane detection platform with NOCs in Brazil, Angola, and Azerbaijan.
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Chief Sultan Al Jaber told attendees in Dubai that declarations have been made on topics ranging from food to heavy emissions.
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SponsoredMOSAIC's advanced Automated Reconciliation to Reserves Workflows enhances accuracy, speeds up processes, and meets the need for precise asset valuation. Equip your reserves teams with reliable information and insights to reduce uncertainty, boost efficiency, and make smarter business decisions.
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This paper discusses how a traditional stochastic approach in project economics used for screening and ranking can sometimes limit management visibility of all possible outcomes in a project.
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Updates about global exploration and production activities and developments.
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This paper discusses how multiple reliable technologies may be used in concert to establish reasonable certainty for reserves estimates through the flexibility provided by the Petroleum Resources Management System.
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This study compares, in a carbon capture and storage (CCS) context, the economics of a traditional business model vs. an alternative business model (a regional CCS hub separately managed by a special-purpose vehicle).
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It seems that it has been a very productive period for production and facilities. I reviewed a significant number of abstracts on such an interesting variety of topics—new technology developments down- and midstream, improvements in corrosion detection and prediction, new systems for emulsion monitoring, and even downhole drones.
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A case study presented at ATCE took medical science to a new low—into the depths of the Permian Basin for application to downhole reservoir drainage diagnostics.
