Production
Vår Energi ASA 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.
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.
The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
-
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way. -
Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
-
This study compares water-based chemicals including surfactants, nanoparticles, and ketones that can be used for enhancing the oil recovery of shale-oil reservoirs.
-
Updates about global exploration and production activities and developments.
-
A collaboration between a large independent and a technology developer used low-cost interventions to optimize production from unconventional wells.
-
With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.
-
SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions.
-
Satellite data show nearly 45,000 methane plumes worldwide in the first quarter, triple the number from a year earlier.
-
BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
-
ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
