Asset Management
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.
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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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Artificial intelligence is increasingly being used to assist in the development of materials, including metal-organic frameworks (MOFs), to advance carbon capture technologies. Researchers assembled more than 120,000 new MOF candidates within 30 minutes.
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Longtime leaders in artificial lift discuss and share their insights on the rapidly evolving segment’s past, present, and future.
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There will always be a need for good artificial lift engineers. So, what should the next generation of its professionals be trying to pursue?
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Early adopters of large language models praise the technology’s promise to advance upstream research and software development while also offering cautionary notes.
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Slickline-Deployed Fiber-Optic Cable Provides First Production Profile for High-Temperature Gas WellThis paper describes a case study in which, in the absence of a conventional production log, distributed fiber-optic sensing, in conjunction with shut-in temperature measurements, provided a viable method to derive inflow zonal distribution.
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This paper aims to analyze the relevance of wind and solar energy for the supply of artificial lift systems on offshore platforms in the Brazilian equatorial region.