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.
-
Of the many steps in the journey toward maximizing run life, the first steps should be to identify the system requirements and communicate those to the vendor. This can be challenging, because operators and suppliers often speak different languages. Fortunately, international standards can help. -
This industry is one often considered reactive and overly tradition-bound. These new technologies, however—and, more importantly, the drive of these researchers to harness their capabilities—prove that petroleum engineers remain at the forefront of innovation and discovery.
-
Electrical-submersible-pump (ESP) technology is a proven artificial-lift method for shallow, low-pressure reservoirs such as those found in the West Sak viscous oil field in Alaska.
-
Noble’s first row of wells in its massive Mustang project is helping increase the operator’s DJ Basin output, and similar results are soon expected in the Delaware Basin.
-
Halliburton broke ground in Saudi Arabia for the first oilfield chemical manufacturing reaction plant in the Kingdom.
-
Current production from the phase is 400 MMcf/D and expected to peak at 700 MMcf/D. A third phase also is slated to come on stream this year.
-
Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.
-
The backing of one of the world’s largest oil and gas companies aims to put this emerging digital technology on the path to widespread adoption.
-
The French major is racking up barrels of deepwater production as part of its large-scale West African push.
-
An oil and gas startup has attracted the business with a major operator thanks to its ability to forecast whether production-enhancing chemicals will work as advertised.
