Management
In this study, a deep-neural-network-based workflow with enhanced efficiency and scalability is developed for solving complex history-matching problems.
This study presents a production-optimization method that uses a deep-learning-based proxy model for the prediction of state variables and well outputs to solve nonlinearly constrained optimization with geological uncertainty.
Updates about global exploration and production activities and developments.
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Italian company finds 200 million BOE with its Block 7 exploration well. -
Norwegian oil company gets $220 million for 28% of the license.
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The French supermajor calls deal "more straightforward" than spin-off of business.
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The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
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The gathering’s goal is to install 120 GW of wind power in the North Sea by 2030.
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Several options exist for large-scale hydrogen underground storage: lined caverns, salt domes, saline aquifers, and depleted oil/gas reservoirs. In this paper, a commercial reservoir simulator was used to model cyclic injection/withdrawal from saline aquifers and depleted oil/gas reservoirs. The results revealed the need to contain the stored volume with an integrated…
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK.
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Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023.
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Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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The large US shale producer has officially entered into the renewable energy sector with its largest venture investment yet.
