Production
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
Sponsored
This case study by CNOOC and Halliburton highlights how enhanced multizone sand control treats eight unequal zones in one trip and reduces completion time by 60 hours in Bohai Bay, China.
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The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year. -
The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
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The research facility said it plans to add multiphase-flow-testing capabilities for heavy oil and different viscosities.
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The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
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SponsoredIn oil and gas operations, every decision counts. For more than 2 decades, SiteCom has been the trusted digital backbone for well operations worldwide, driving insight, collaboration, and efficiency.
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Updates about global exploration and production activities and developments.
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A new tubing-conveyed tool combines wellbore cleanout with multi-tracer deployment for production diagnostics and reservoir monitoring.
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This paper describes a decision-support system that integrates field data, system specifications, and simulation tools to quantify system performance, forecast operational challenges, and evaluate the effect of system modifications in water management.
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As the industry advances through a pivotal stage of the energy transition, emphasis remains on topics such as carbon capture and storage (CCS), decarbonized operations, digital transformation, and asset integrity—areas driving innovation, operational excellence, and sustainable value within SPE’s evolving technical landscape.
