Production
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
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This paper addresses the challenges of integrating huge amounts of data and developing model frameworks and systematic workflows to identify opportunities for production enhancement by choosing the best candidate wells. -
The $48.5-billion investment aims to keep the 30-year-old project in western Kazakhstan flowing for years to come.
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Dutch leaders have voted to halt all future production from the large gas field due to seismic activity linked to extraction operations.
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The index integrates three independent components extracted from static and dynamic parameters: reservoir permeability thickness, movable gas, and reservoir pressure from a historically matched dynamic model.
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Supervised learning was used to develop an ensemble of models that account for historical production data, geolocation parameters, and completion parameters to forecast production behavior of oil and gas wells.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
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The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion.
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Contractor will design FPSO hull and related topsides facilities for the project located in the Santos Basin offshore Brazil
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The world's largest oilfield service company made the deal to expand its exposure to the less cyclical production segment of the upstream business.
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The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf.
