Production
The US Energy Information Administration said it expects US crude oil production to stay close to 2025 levels in 2026 before dipping in 2027.
Damage to power distribution systems prompted precautionary shutdowns at two major oil fields.
Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.
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This work presents the development of fast predictive models and optimization methodologies to evaluate the potential of carbon-dioxide EOR and storage operations quickly in mature oil fields. -
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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These papers exemplify value creation at each stage of hydrocarbon maturation and should prompt practitioners to don their thinking caps.
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Vår Energi and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
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The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
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The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
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The research facility said it plans to add multiphase-flow-testing capabilities for heavy oil and different viscosities.
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The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
