Asset Management
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The following three papers show challenges and potential solutions across various stages of the deepwater well-development cycle from a variety of deepwater basins across the world.
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The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
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This paper reviews the simultaneous supercritical CO2/brine aquifer injection and water-alternating-gas methods for geologic carbon sequestration and proposes a novel integration with saltwater-disposal wells.
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The objective of this study is to numerically investigate system behavior when storing H2/natural gas (CH4) mixtures in aquifer-related underground gas storage, and the effect of gas composition and salinity on energy-recovery efficiency.
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In the past year, publications on CO2, natural gas, and hydrogen storage have increasingly focused on the design, evaluation, and optimization of storage plans. These efforts encompass a broad spectrum of challenges and innovations, including the expansion of storage reservoirs from depleted gas fields and saline aquifers to stratified carbonate formations and heavy-o…
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In this paper, the authors review and draw lessons from the many firsts in the Teesside CO2 transportation and storage infrastructure project.
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Updates about global exploration and production activities and developments.
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From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.
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This paper provides an account of the design, implementation, and operational insights from an enhanced geothermal system proppant stimulation targeting a volcanic, dry rock setting with an approximately 330°C bottomhole temperature.
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Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.
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This study evaluates the feasibility of drilling a closed-loop, unconventional geothermal system in the Pannonian Basin basement of Romania.