Production
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.
The authors describe a study on key technologies for intelligent risk monitoring of workover operations.
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With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide. -
SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions.
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Satellite data show nearly 45,000 methane plumes worldwide in the first quarter, triple the number from a year earlier.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
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ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
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Liquefied natural gas (LNG) exporters in the US plan to more than double the country’s liquefaction capacity by adding an estimated 13.9 Bcf/D between 2025 and 2029.
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EIA says rising inventories in China have offset downward pressure from growing global supply.
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Two new wells add 15,000 BOE/D of peak capacity to the London-based supermajor's North Sea production profile.
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Updates about global exploration and production activities and developments.
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This paper presents a case study highlighting the demonstration, refinement, and implementation of a machine-learning algorithm to optimize multiple electrical-submersible-pump wells in the Permian Basin.
