Production
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.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The authors describe a study on key technologies for intelligent risk monitoring of workover operations.
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The authors reach conclusions that the industry should define a standard testing method to improve swelling performance, including validation of repeatability, to complement existing guidelines.
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The authors write that by replacing outdated, labor-intensive processes with an integrated, cloud-based platform, companies can streamline planning, improve accuracy, and foster better coordination across teams and vendors.
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This case study from Italian technology developer Sentris highlights the effectiveness of using sensors during pigging operations to optimize cleaning efficiency.
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In partnership with OTC 2026, Rystad Energy has shared its latest outlook for the offshore sector and the role it is expected to play in supplying low-cost barrels through 2050.
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A Dallas Fed survey update suggests few executives foresee a strong US production response, even with oil prices above $90/bbl.
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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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Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
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Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
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