Mature fields
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
At the inaugural SPE/ICoTA Asia Pacific Well Intervention and P&A Conference and Exhibition in Kuala Lumpur, industry leaders highlighted how high-fidelity well data, real-time diagnostics, and predictive technologies are reshaping intervention planning and execution to improve well performance, reduce risk, and optimize late-life asset management.
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With operators under pressure to deliver more energy with fewer resources, predictable drilling performance is more important than ever. Discover how a unified digital workflow can turn drilling data into better decisions and consistent execution—providing the foundation for autonomous drilling and more predictable, profitable, and productive wells at scale.
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Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply. -
This paper describes the successful deployment of flexible coiled tubing technology in an oil-producing well of the offshore Frade field in Brazil’s Campos Basin.
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Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil & Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
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Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
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The operator developed a solution that has kept the well at stable production for over a year after treatment.
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A multidimensional Wiener process approach predicts casing remaining useful life, enabling safe, cost-effective well life extension and repurposing for carbon dioxide injection, CCS, and geothermal applications.
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SponsoredUnwanted water production can erode well performance and asset economics if left unmanaged. Interwell’s precision water shutoff approach, grounded in diagnostics and engineered isolation, helps operators identify water-entry points, protect hydrocarbon flow, and restore sustainable well performance in mature and complex wells.
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The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
