Production
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
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.
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ConocoPhillips, Pioneer view Exxon, Chevron as prime movers to bring investment back into the play.
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Artificial lift really shines during a downturn. This is because, when capital spending is constrained, artificial lift is one of the few levers an operator has available to increase production while reducing operating expenses.
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An artificial-lift concept consisting of an in-well ESP as the primary method and a mudline system as backup has proved effective in an unltradeepwater heavy-oil field.
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S13Cr tubing specimens experienced stress corrosion cracking with phosphate-based completion fluids contaminated with mud and oxygen, whereas formate-based completion fluid is compatible with the tubing.
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A plunger lift optimization software has been developed that enables set-point optimization at scale.
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A novel PCP configuration was developed from phased design trials and experience in cold heavy-oil production with sand (CHOPS) wells. This configuration uses a modified rotor to create alternating sections of contact and noncontact within a conventional stator.
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Last year, events accelerated several trends in the energy landscape. Oil and gas prices have remained low, and the industry is focusing more strongly on reducing costs and increasing operational efficiency. Implementing innovative technologies that increase recovery requires a small investment but can bring large rewards.
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The offshore Equatorial Guinea project is a key step toward country’s mega hub status.
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Contractor will engineer, construct, and install project’s seafloor hardware.
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The proposed solution is a good candidate for real-time burner-efficiency monitoring and automatic alarm triggering and optimization.