Production
At the inaugural SPE/ICoTA Asia Pacific Well Intervention and P&A Conference and Exhibition in Kuala Lumpur, industry leaders highlighted how high-fidelity well data, real-time diagnostics, and predictive technologies are reshaping intervention planning and execution to improve well performance, reduce risk, and optimize late-life asset management.
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Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
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US EIA data show exports rising from 0.5 Bcf/D in 2016 to 15 Bcf/D in 2025, positioning the US as the world’s largest LNG exporter with further capacity growth expected next year. -
Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
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The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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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.
