Production
The 2026 Upstream Scale Guidelines establish a common workflow for field measurements, scale modeling, and risk assessment to support more consistent operational decisions.
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
-
This study presents the development of a novel modeling tool designed to predict condensate emulsions, focusing on key factors causing emulsions such as pH, solid content, asphaltene concentration, droplet size, and organic acids. -
Gas production faces several technical challenges, from extracting shale gas in complex geological settings such as tight formations and deepwater environments to processing sour gas with high hydrogen sulfide content. Although various technologies exist to mitigate these challenges, the dynamic nature of subsurface conditions and operational environments continues to…
-
The first of four planned Phase 1 wells is flowing from the region’s second 20k-psi deepwater project.
-
The China National Offshore Oil Corporation said it plans to use water injection, steam huff ’n’ puff, and steamflooding to produce the heavy oil field, with peak production expected in 2026.
-
The agency’s July outlook also showed crude prices holding below $60/bbl for most of 2026.
-
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
-
As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
-
Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
-
While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
-
Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
