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The authors write that by replacing outdated, labor-intensive processes with an integrated, cloud-based platform, companies can streamline planning, improve accuracy, and foster better coordination across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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Updates about global exploration and production activities and developments. -
Three case studies consider the gas-related reasons electrical submersible pumps fail in unconventional shale environments.
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This article presents a comparative study evaluating four machine-learning approaches, including three deep-learning methods, for forecasting gas and condensate production over a 5-year horizon.
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The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Updates about global exploration and production activities and developments.
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Field examples from the Bakken Shale and Permian Basin illustrate the benefits of deploying polymer-coated and uncoated scale inhibitors in unconventional wells.
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New strategies for protecting metal infrastructure emerge as operators fine-tune a corrosion threat screening process and develop a new method for tracking inhibitor effectiveness.
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Some offshore operators invest tens of millions annually in well interventions, while others spend nothing. What drives the difference remains a mystery.
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The paper showcases the digital journey of a brownfield where digital solutions are enhancing recoverable volume, production, and process efficiency while minimizing losses and maximizing the return of investment.
