Production
North Sea operators produced an additional 16 million BOE from 56 reinstated wells in 2025 as improved intervention efficiency lowered costs and helped restore shut-in assets to production, according to the NSTA.
This contributed article highlights the growing importance of fiber-optic sensing and its potential to advance thanks to emerging quantum technologies.
The DOE-backed EGS-Twin project aims to simulate geothermal production systems, helping operators better predict performance and maximize output.
-
This paper explores the sustainability and safety aspects of laser perforation with a focus on factors such as water requirement, asset integrity, logistics, safety, and surface footprint. -
This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
-
To enable a fully interventionless approach, a barrier-rated tubing-hanger valve has been developed to eliminate slickline intervention and minimize associated risks and operational time.
-
Advanced tracer technology was deployed in Oklahoma to analyze production across lateral well sections.
-
Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.
-
An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.
-
The supermajor believes oil and gas will continue to play a major role in the global energy mix over the next 25 years.
-
The Halten East project in the Norwegian Sea involves fields that if developed independently would be considered too marginal to be economically attractive.
-
The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
-
Industry leaders say they believe oil and gas will continue to play a pivotal role in the energy mix in the lengthening energy transition timeline.
