Asset Management
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The following three papers show challenges and potential solutions across various stages of the deepwater well-development cycle from a variety of deepwater basins across the world.
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This paper describes the implementation of a hybrid technology of cyclic steam stimulation and foam into the heavy oil field development plans of the Middle Magdalena Valley basin in Colombia. -
This paper’s focus is a case study of an Eagle Ford refracturing project in which a range of completion designs were trialed with an approach using offset sealed wellbore pressure monitoring and fiber-optic strain.
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Enhancement to the drillship comes ahead of work commitment on Shell's Sparta development in the US Gulf of Mexico, its first in the Gulf to produce from 20K reservoirs.
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Jim Gable, president of Chevron Technology Ventures, shares how CTV works with startups and how their technologies go big.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.
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The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
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The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
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The post-salt, heavy-oil fields will be developed in tandem tied back to an FPSO.
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Derived from the principles of radial jet drilling, a new technology called micro-turbine drilling is developed to allow for drilling of micro-sidetracks from cased boreholes in very hard reservoir rock.
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Blocked by sanctions from obtaining Western technology, Tehran has turned to its domestic service industry to expand production as Chinese demand reaches new highs.
