Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
-
Petroleum industry professionals reported an average calculated total compensation of USD 185,001 in 2016, less than reported in previous years, according to the latest annual SPE Salary Survey. -
Kashagan crude reached the global markets. The world’s most expensive upstream project restarted production and about 195,000 barrels, produced during the startup process, were shipped for export.
-
The outlook for the US onshore oil business is looking better, which is not to say it is looking up. Recent surveys by the Federal Reserve banks of Kansas City and Dallas indicated the industry had stabilized after a long period in critical condition.
-
The world’s developing countries will lead economic growth and consume an increasing share of energy production globally over the next quarter-century,according to Rob Gardner, manager of economics in corporate strategic planning at ExxonMobil.
-
Applying an economic analysis for Trinidad and Tobago's deepwater gas fiscal regime, results were calculated for various price scenarios to identify a workable strategy for development of offshore resources.
-
Field-development projects need to include and consider not only a static or dynamic subsurface characterization but also the production-systems and facilities options, to trigger profitability and establish clear breakeven thresholds.
-
Studies show that almost 65% of megaprojects fail to meet the performance goals established when the financial go-ahead was given. Operators can avoid costly pitfalls if they focus on addressing the human-related problems.
-
Schlumberger and Baker Hughes leaders said increased investments are critical to ensuring technological advancements for the industry.
-
This paper presents the development of Sapinhoá field, covering the fast-track transition and decision-making process, from appraisal to conceptual and basic engineering of the Sapinhoá pilot project and on to its subsequent execution, highlighting the challenges, lessons learned, and results.
-
A key aspect of the project discussed in this paper is the use of minimal initial-production facilities to achieve significant early production from each of four preconstructed artificial islands.
