Asset Management
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
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The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end. -
The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.
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The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.
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The first wells from the current North Sea development project are expected online in 2026.
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Years in the making, the program sponsored by the US Department of Energy is celebrating its latest geothermal energy breakthrough in southwestern Utah.
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Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year.
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TotalEnergies announced on 21 May the final investment decision for the deepwater Kaminho project offshore Angola, aiming for first oil by 2028.
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A new report finds the need for political, regulatory, and fiscal alignment to ensure a just and fair transition.
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The latest successful drilling campaign brings Suriname’s discovered resources to over 2.4 billion bbl of oil, according to Wood Mackenzie.
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This paper presents efforts and details of a pilot trial that was planned and executed to demonstrate the concept of repurposing existing wells into electricity generators instead of abandoning them.
