Production
North Sea operators produced an additional 16 million BOE from 56 reinstated wells in 2025 as improved intervention efficiency lowered costs and helped restore shut-in assets to production, according to the NSTA.
This contributed article highlights the growing importance of fiber-optic sensing and its potential to advance thanks to emerging quantum technologies.
The DOE-backed EGS-Twin project aims to simulate geothermal production systems, helping operators better predict performance and maximize output.
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The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field. -
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
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Marking a major milestone as the Gulf of Mexico’s second 20,000-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the floating production system’s role as a regional hub are helping open the door to more Inboard Wilcox development.
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The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
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The country’s state oil company has signed agreements with SLB and TotalEnergies to work on production.
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Monitoring on the ground is helping the industry shift from best estimates to hard data so it can bring the true emissions profile into focus.
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To overcome operational constraints tied to ball-and-seat valves, an operator tested a spring-loaded alternative downhole.
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Rystad Energy estimates up to 25 Bcf/D of natural gas output may have been temporarily halted as freezing weather swept key producing regions.
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The deal targets increased investment and production from one of the country’s largest onshore developments.
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The US Energy Information Administration said it expects US crude oil production to stay close to 2025 levels in 2026 before dipping in 2027.
