Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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 expands Cenovus’ SAGD footprint with three Alberta assets.
-
The deal adds 16 super-spec land rigs to Patterson UTI’s domestic fleet and will result in the sale of Pioneer’s well service business. -
Alumina Energy, Ionada, Parasanti, and SurgePower Materials will join the industrial scaling program at Halliburton Labs in Houston.
-
While Schlumberger, Halliburton, and Baker Hughes focus their legacy technology and service portfolios on driving up efficiency, driving down cost, and making current sources of energy less carbon intensive, they diverge on their approaches to scaling up development and deployment of breakthrough clean energy technologies.
-
The Gorgon gas project will consist of a new floating field-control station and subsea compression infrastructure.
-
Ministry reveals shale finds during tests in sensitive basin.
-
Ali Al Jarwan, CEO of Dragon Oil, talked recently about how his company has survived the changes of 2020 and how he expects ATCE to reflect the resilience of companies to these changes.
-
The Offshore Technology Conference announces the 2021 recipients of the Spotlight on New Technology Award. Fourteen technologies from around the world will be awarded, including five companies that will be recognized by the Spotlight on Small Business Award.
-
The gas find is likely to be tied back to the nearby Jangkrik floater.
-
Significant Perdido-region find could merit its own host.
-
Contract for a dozen wells plus options to begin next year.
