Asset Management
Aramco says it has saved $770 million over the past 3 years from the $70 million it has invested over the same period in corrosion management technologies.
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.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair. -
The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company.
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Operators are turning the tide on the Lower Tertiary trend with increasingly large stimulations that are also pushing the limits of offshore technology.
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To ensure successful outcomes, it’s crucial to understand the battery itself, define objectives clearly, and analyze operational profiles thoroughly.
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New round covers 41 parcels across almost 10.3 million hectares off Newfoundland and Labrador
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Developing alternative power supplies with wide-scale reliability, dependability, and minimization or elimination of GHG emissions within feasible capex/opex scenarios is the brass ring of sustainability and energy security—and data are helping us get there.
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Matthew Bryant has spent years trying to convince engineers that the API proppant testing standard has significant limitations. And he may well be right.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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Updates about global exploration and production activities and developments.
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
