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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P-68 is Petrobras’ fourth FPSO to begin operations this year following the startups of P-67 at the Lula field and P-76 and P-77 at the Buzios field. -
Scaling buildup inside wellbores is a serious production problem that dramatically reduces the well productivity index. This issue has a significant cost across the industry, mostly associated with loss of production or additional operations such as well intervention.
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Through collaboration, innovative technologies, and digitization, the newly formed alliance hopes to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian continental shelf.
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Methane emissions from California garbage dumps far surpass emissions from oil fields, according to a NASA survey.
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Lower oil prices, increased operator focus on capital discipline, and diminishing access to capital are choking off once-soaring US oil production growth.
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SponsoredMany oilfield applications involve use of slurries. But sedimentation of the additives that started out as powders can create problems and reduce effectiveness. A new easy to use, liquid polymer additive from BYK is the solution you need.
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Hassi Messaoud is a mature oil field with more than 1,100 production wells. Approximately half of the wells are natural flow and the other half use continuous gas lift (CGL) with concentric (CCE) strings.
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First oil from the 120,000-B/D Liza Destiny floating production, storage, and offloading vessel, which arrived on the block in late August, is targeted for December.
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The Esox-1 well encountered 58 m of high-quality oil-bearing Miocene reservoirs and will be tied back to Tubular Bells production facilities.
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The Sidri 36 appraisal well confirmed the downdip westward extension of the Sidri 23 discovery announced last July by the Italian major.
