Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
-
You don’t need to have a formal position of authority to have influence in your organization. While those in authority may change people’s behavior through coercion or clout, influential leaders use their knowledge and soft skills to establish trusting relationships and sway people’s minds and hearts. -
The two companies have entered a commercial agreement in which Baker Hughes will use Oqton’s software to boost its 3D printing capabilities.
-
Fracturing hot rock to create a geological water-heating system is like fracturing an oil well, but for a different purpose, so is proppant really necessary?
-
Production from the Dover field is expected to start in late 2024 or early 2025.
-
When confronted by extremely hot wells drilled into hard rock, engineers start looking for new tools and then ask, is there a cheaper option?
-
Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
-
The approval adds momentum to the Alaska North Slope’s production revival.
-
The contractor will supply flowline and connectors as part of a project on the Angolan field.
-
A new report from Rystad Energy expects more than $200 billion will flow into greenfield offshore projects over the next 2 years.
-
The Agogo Integrated West Hub Development Project is the first new major greenfield project awarded in Angola in more than 5 years.
