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.
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Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition.
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The SPE Colombia Section, through analysis of data obtained in several studies, identified a lack of soft skills in the country’s young professionals in the energy sector. As a result of the analyses, a project was designed to improve these skills through various activities and keynotes.
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Geothermal energy has the potential to play a significant role in Japan's energy transition.
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A hydrogen storage study, a new pilot in San Diego, and a UK boost lead the energy transition charge along with a new offshore wind project, marketplace for solar procurement, and fresh funds earmarked for emissions reduction.
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First production from the UK North Sea gas field is expected in the second half of 2025.
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Santos will seek an expedited appeal of the Australian Federal Court decision.
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The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
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The ATCE Startup Village is a partnership between SPE and the Rice Alliance for Technology and Entrepreneurship at Rice University. Find out which firms took this year's top honors during the annual competition.
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The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
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Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.