Mature fields
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.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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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Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream. -
In a deal described as possibly "one of the most important transactions BP has done in 20 years" by CEO Murray Auchincloss, the company has agreed contractual terms with the Iraqi government to invest in drilling and infrastructure to rehabilitate and boost production at the Kirkuk oil field.
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Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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This paper focuses on the vital task of identifying bypassed oil and locating the remaining oil in mature fields, emphasizing the significance of these activities in sustaining efficient oilfield exploitation.
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This paper presents an overview of the operator’s Marlim and Voador fields revitalization project, highlighting features and main achievements in the context of Campos Basin redevelopment.
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his paper investigates the challenges faced in the development of mature and tight fields, primarily resulting from reservoir depletion, high operational costs, and uncertainty in reserves volumetric calculations.
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From the papers reviewed, a spectrum of case studies addresses how practitioners are taking on the challenge of extending economic life and revitalization of mature fields through better understanding of the subsurface and adapting existing techniques and technologies in innovative ways.
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This paper presents the processes of identifying production enhancement opportunities, as well as the methodology used to identify underperforming candidates and analyze well-integrity issues, in a brownfield offshore Malaysia.
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This paper discusses the approach used to sectorize a mature giant carbonate reservoir located onshore Abu Dhabi for the purposes of reservoir management, offtake, and injection balancing.
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This paper describes an optimized multizone single-trip gravel-pack system developed and implemented successfully in Brunei.
