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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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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Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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This study compares water-based chemicals including surfactants, nanoparticles, and ketones that can be used for enhancing the oil recovery of shale-oil reservoirs.
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Updates about global exploration and production activities and developments.
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A collaboration between a large independent and a technology developer used low-cost interventions to optimize production from unconventional wells.
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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.
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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.