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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This feature takes a look at the work being done by companies to improve corrosion inhibitor fluids and inhibition techniques for offshore projects. -
Veros Systems is selling simplicity. The electric machine monitoring company promises accurate warnings of problems long before they occur, with a minimum of monitoring equipment to install.
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Mature fields still have value, and technology can help to capture that value through increased efficiency and reduced costs.
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This paper provides an operator’s viewpoint of in-well monitoring, covering some of the key challenges.
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With more than a decade of experience acquired using Venturi/gamma ray multiphase flowmeters (MPFMs), further gains in measurement quality and operational robustness have been achieved.
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Case studies from around the world prove that big rewards await companies that optimize the artificial lift systems keeping their mature fields alive. The success stories involve a mix of monitoring, automation, and performance tracking.
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Europe’s largest onshore oil field, the Patos-Marinza in southern Albania, has been given a new lease on life after seeing production soar from 600 B/D just over a decade ago to more than 20,000 B/D this year.
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The development and upgrade of mature facilities is ultimately driven by the significant shift in the composition of the arrival fluids, mainly the increasing water cut and solids production.
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When a gas lift system starts performing poorly, there is a good chance no one will notice. It is not an event that demands attention like a broken pump. A gas lift system will continue injecting gas into wells and oil will continue to come out. Just not as much oil as there could be.
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The SPE Separations Technology Technical Section (STTS) hosted a special session titled “Unlocking Hidden Production Potential in Existing and Mature Fields” during the recent ATCE.
