Management
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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The oil and gas industry is embracing digital technology not just as a differentiator but as an enabler of innovation. The simple reality is that, if one doesn’t, they risk being out of the game. -
The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.
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In this podcast episode and transcript, Terry Palisch talks about the impact of the energy transition on the industry and technology and how SPE is helping its members adjust to the shifting landscape.
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Studies center on subsea wells connected to an FPSO.
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The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
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Find could hold as much as 130 million BOE.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
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As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
