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The authors write that by replacing outdated, labor-intensive processes with an integrated, cloud-based platform, companies can streamline planning, improve accuracy, and foster better coordination across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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This article is the second of a two-part series on produced-water management in the Gulf of Mexico and covers four themes: equipment, process configuration, operations, and effluent quality.
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The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
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The authors propose a hybrid virtual flow and pressure metering algorithm that merges physics-based and machine-learning models for enhanced data collection.
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This paper discusses the concept, applications, and continual evolution of a new 3D temperature and spectral-acoustics modeling and logging approach.
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Today, the dependence on primary monitors is higher than ever, so much so that orchestrated efforts are underway to make these nearly foolproof. Often, direct measurements are supplemented with model predictions. Also notably visible are the efforts to integrate multiple perspectives of sustained production.
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This paper presents various functionalities and benefits of a monitoring tool developed for and used with all critical flowmeters in the operator’s production system.
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Field examples of operators using chemical restimulation to boost production in aging unconventional wells as an alternative to acid treatments.
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Updates about global exploration and production activities and developments.
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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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SponsoredElectrical submersible pumps (ESPs) are the backbone of artificial lift operations, enabling the extraction of hydrocarbons from challenging reservoirs. However, their effectiveness is often compromised by the extreme downhole environment, characterized by soaring temperatures, high pressures, and exposure to aggressive fluids.