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. -
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.
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Updates about global exploration and production activities and developments.
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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 discusses and evaluates retrofitting abandoned petroleum wells for geothermal applications as a commonly proposed solution to meet the challenge of the capital expenditure required for drilling and completion.
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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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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.
