Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
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A government-imposed limit on gas reinjection aimed at fueling domestic growth risks cooling future investor interest in Brazil’s offshore.
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Updates about global exploration and production activities and developments.
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Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth.
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Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…
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In this vodcast and column, Olivier Houzé explores the polarized views among SPE's members about the energy transition, highlighting the geographic and demographic differences. He examines historical perspectives on energy transitions, evaluates future scenarios, and discusses how SPE can adapt its mission to stay relevant.
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This paper delves into the evolving landscape of drilling automation, emphasizing the imperative for these systems to go beyond novelty and deliver quantifiable financial value.
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This paper describes a new application that leverages advanced machine-learning techniques in conjunction with metocean forecasts to predict vessel motions and thruster loads.
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This paper provides insight into designing advanced well completions offshore West Africa with autonomous inflow control devices that enable maximizing the producing life of the wells under various challenging reservoir conditions.
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This paper discusses the approach used to sectorize a mature giant carbonate reservoir located onshore Abu Dhabi for the purposes of reservoir management, offtake, and injection balancing.
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Maximizing profits in geothermal energy may require the flexibility to adjust output as electricity prices fluctuate. Battery storage can ensure power is available when prices peak.