Asset Management
EY reports an 11% decline in reserve additions and the first sub-100% reserve replacement ratio since 2021, even as crude output climbed.
Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
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Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
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The authors of this paper apply a deep-learning model for multivariate forecasting of oil production and carbon-dioxide-sequestration efficiency across a range of water-alternating-gas scenarios using field data from six legacy carbon-dioxide enhanced-oil-recovery projects.
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Experience in subsurface production and lift design is shaping a new generation of geothermal operations built for reliability and scalability.
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This paper describes a data-driven well-management strategy that optimizes condensate recovery while preserving well productivity.
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This study identifies critical knowledge gaps in wellbore integrity and underscores areas that require further investigation, providing insights into how wellbores must evolve to meet the technical demands of the energy transition.
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This paper explores the evolving role of the digital petroleum engineer, examines the core technologies they use, assesses the challenges they face, and projects future industry trends.
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This study illustrates the new capabilities, tailored for carbon-dioxide storage applications, of a modeling framework that provides a quantitative, risk-based assessment of the long-term integrity of legacy plugged and abandoned wells.
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This paper describes an auto-adaptive workflow that leverages a complex interplay between machine learning, physics of fluid flow, and a gradient-free algorithm to enhance the solution of well-placement problems.
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This paper addresses the difficulty in adjusting late-stage production in waterflooded reservoirs and proposes an integrated well-network-design mode for carbon-dioxide enhanced oil recovery and storage.
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This article is the sixth and final Q&A in a series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this final edition, Matthew T. Balhoff, SPE, of The University of Texas at Austin shares his views on the future of upstream education.