Asset Management
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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The project’s revised development plan now incorporates a carbon capture facility. -
Angola leaves OPEC after 16 years to leverage its oil resources for economic growth.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
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The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
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The facility is destined for Shell’s deepwater Gulf of Mexico development.
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Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
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Energy storage is essential to a clean electricity grid, but aggressive decarbonization goals require development of long-duration energy storage technologies.
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The increasing demand for critical minerals—the building blocks of an electrified future—is creating opportunities for the oil and gas industry to apply its extensive knowledge, tools, and data to help meet the demand.
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Find out what made the list of big technology breakthroughs that have shaped the oil and gas industry over the past quarter century.
