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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Extensive analysis has led to the conclusion that downhole gas compression provides a greater increase in gas production than wellhead gas compression because of the additional drawdown created. -
The Hess-operated field, which drew first oil in January, is expected to produce 80,000 BOPD as production ramps up this year.
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The Irving, Texas-based supermajor plans to cash in on its expanded foothold in the Permian Basin, aided by a big reduction in the US corporate tax rate.
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Offshore project execution enhancement ideas are highlighted for debottlenecking, gas-hydrate-induced pipeline vibration, and the design of subsea systems for efficient startup.
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The company’s 31 licenses highlight a record-high total awarded during the latest APA round, which is aimed at developing mature areas of the NCS.
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There is a growing awareness that maximizing field production involves not only having a clear understanding of subsurface intricacies but also ensuring that existing surface facilities are performing at their best to handle production in an environmentally safe manner.
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Fields in the Upper Assam-Arakan Basin have been studied intensely to find prospective sweet spots, perforation intervals for new wells, and potential workover candidates. These forecasts, guided only by dynamic-numerical-model results, have had mixed results when implemented in the field.
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In this paper, an integrated work flow is proposed for brownfields where oil production is driven mainly by water injection. Produced-water salinity plays a key role, acting as a natural tracer and, thus, helping avoid additional costs for new data acquisition.
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This paper presents a data-driven technology and associated work flow for fast identification of field-development opportunities in mature oil fields that accelerates subsurface field-development planning and reduces the time requirement from months to weeks.
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Additive layer manufacturing technology has gained prominence in the aerospace sector and is being used for the rapid production of prototype parts. Its credibility has quite literally “taken off” and is now used to build in-flight production components for aircraft.
