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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Updates about global exploration and production activities and developments. -
This paper provides insights into the technical and economic viability of repurposing oil and gas wells for geothermal energy production for direct heating.
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This paper provides an overview of a geothermal assessment project completed to assess geothermal energy resources in and around an operational high-pressure/high-temperature field on the UK Continental Shelf.
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Majors and independents alike are targeting high-impact wells across the globe to boost future oil and gas production volumes.
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One area where the untapped potential of geothermal energy has been realized is in harnessing thermal energy from abandoned or inactive oil and gas wells. Such wells could be exploited for electricity generation or direct use through well repurposing.
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The world of artificial lift has witnessed a remarkable revolution over the past 25 years, with many of the events and technology trends recorded in the Journal of Petroleum Technology.
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SponsoredWith almost three-quarters of the global greenhouse gas emissions coming from the energy sector, there is a heavy burden and a huge responsibility on the shoulders of all countries of the world to transform the energy sector to be cleaner and greener by eliminating these emissions.
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While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
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The $1.24 billion project is expected to tap up to 90 million BOE.
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With a successful pilot under its belt, Thailand's national oil company is planning a bigger production unit.
