Asset Management
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 epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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Results from third test well in the Kavango basin are being analyzed by the partners.
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FPSO will feed gas from GTA development to nearby FLNG infrastructure.
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Development duo is expected to add more than 12,000 B/D of oil production at peak.
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Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add…
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An independent consultant believes the find could hold 1.7 billion bbl of recoverable reserves.
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The previous wells in the program have exceeded type curve estimates.
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The authors of this paper propose a novel approach to data-driven modeling for transient production of oil wells.
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The repeat order from Petrobras brings Keppel O&M’s net order book to about $8.2 billion.
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Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
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Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition.