Asset Management
This article from the SPE Robotics and Autonomous Systems Technical Section (RASTS) explores the insights shared at the recent Offshore Technology Conference (OTC) in Houston about autonomous systems and their role in the industry's future.
The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.
The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
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The inaugural SPE Workshop on CCUS Management in China was held in April in Qingdao. The workshop highlighted recent advances and technical challenges in CCUS management and attracted 104 attendees representing 19 organizations from eight countries.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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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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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.
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This paper described the use of digital twin technology to identify design modifications required at an onshore site and visualize proposed offshore assets for a Trinidad and Tobago development.
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Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.
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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.