Asset Management
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) addresses decision timing across the reservoir cycle.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
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SPE President Terry Palisch is joined by Paige McCown, SPE senior manager of communication and energy education, to discuss how members can improve the industry’s public image. -
This paper describes a full-field and near-wellbore poromechanics coupling scheme used to model productivity-index degradation against time.
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Updates about global exploration and production activities and developments.
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The use of oil-based muds has precluded countless drill cuttings from being used to predict reservoir fluids despite once being part of the reservoir. A 6-decade-old technology may be on the cusp of changing that.
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The challenges that geothermal energy faces to become a leading player in the net-zero world are well within the areas of expertise of the SPE community, ranging from rapid technology implementation and learning-by-doing to assure competitiveness to establishing suitable funding mechanisms to secure access to capital.
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Pink hydrogen, produced through water electrolysis powered by nuclear energy, recently drew attention which underscored the complexity of decision-making in advancing such projects.
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The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf.
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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.
