Production
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Marking a major milestone as the Gulf of Mexico’s second 20,000-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the floating production system’s role as a regional hub are helping open the door to more Inboard Wilcox development.
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SPE President Jennifer Miskimins lent her expertise to Science Friday’s conversation about Venezuelan oil, explaining the reality of what it would take to extract and refine it.
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US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
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Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.
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The platform brings the field’s installed production capacity to 1.5 million BOPD.
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This paper describes a data-driven well-management strategy that optimizes condensate recovery while preserving well productivity.
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These papers exemplify value creation at each stage of hydrocarbon maturation and should prompt practitioners to don their thinking caps.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively.
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This paper assesses the technical feasibility of geological carbon storage in the operator’s Brazilian brownfields, focusing on mature oil fields and associated saline aquifers.
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Field results highlight how rethinking tubing-anchor-catcher design can reduce gas interference and support late-life production.
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Even as output hits record highs, a growing recognition of the Permian’s maturity is opening the door for new technologies to improve performance.