Management
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset. -
While new imaging capabilities are rejuvenating old data so explorers can discover hydrocarbons, finding and developing reserves is increasingly complicated.
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The transaction adds 267,000 net acres and nearly 140,000 BOE/D from Vital Energy, lifting Crescent into the top 10 largest US independents.
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The latest acquisition strengthens Cenovus Energy’s position as Canada’s largest SAGD producer.
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Contractor realizes big gains on divestment of business unit owned less than a year.
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The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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The fifth edition of the SPE Europe Energy GeoHackathon, beginning on 1 October, focuses on how data science can advance geothermal energy and drive the energy transition.
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The new schedule plans for sales in the US Gulf and Alaska through 2039.
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NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
