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.
-
The Yoti West-1 encountered oil in upper Miocene-aged sands. -
The field near Shetland had been the subject of environmental protest.
-
The 2021 survey report offers additional data about the benefits employers are offering by region, job level, engineering title, and comparisons of pay changes by types of engineers.
-
If you’ve lived in areas with cold winters—really cold winters—you’ll applaud this research. It holds the potential to further the goal of decarbonization of the building industry plus improve comfort.
-
The mood in the global oil and gas business is looking up, but the times are changing as reflected in this selection of some of the most-read JPT articles of the year.
-
QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.
-
New investment, maturity in nuclear fusion technology could be the key to meeting lofty emissions goals.
-
Hydrogen continues to rise, and ammonia production is not far behind. Plans to handle nitrous oxide are also bubbling to the surface. Big ideas crop up in Poland, as well as in the Permian. Are you trying to stay up to date about developments aimed at energy-transition efforts in our industry? This roundup of news recaps some recent announcements.
-
Norwegian operator plans to drill 50% more exploration wells in Norway during 2022 than it did in 2021.
-
Canadian Natural Resources has awarded Torus BGP a contract covering a trio of offshore assets.
