Asset Management
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
The Offshore Technology Conference will honor the winners of the 2026 Spotlight on New Technology Award on Monday, 4 May, at NRG Center in Houston. Seventeen groundbreaking innovations, from AI-powered geotechnics and autonomous well construction to next-generation subsea systems and drilling intelligence, demonstrate how bold ideas are translating into real-world gai…
Under the agreement, Trafigura will pay Gabon $1 billion for future crude export deliveries over 7 years.
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New York-based BlackRock will put more than half a billion dollars into Occidental's first direct air capture project, which is now 30% completed. -
The Calgary-based shale producer said it is on track to produce 200,000 BOE/D after making its second billion-dollar acquisition this year.
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The deal will add over 460 miles of pipeline to company’s assets upon closing early next year.
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The four capital projects will enable Enterprise to send more NGLs to the Texas Gulf Coast.
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An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
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Lac Da Vang is expected to deliver as much as 40,000 BOE/D at peak.
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The Biden administration postpones Sale 261 while awaiting court ruling.
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This paper presents a systematic review of the largest alkaline-surfactant-polymer flood project in the world, applied to the largest oil field in China.
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The authors of this paper write that computationally coupled models enable swift, accurate, and engineered decision-making for optimal asset development.
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Sale includes stake in the Abadi gas project.
