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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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.
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This paper presents a closed-loop iterative well-by-well gas lift optimization workflow deployed to more than 1,300 operator wells in the Permian Basin.
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This paper explores the use of machine learning in predicting pump statuses, offering probabilistic assessments for each dynacard, automating real-time analysis, and facilitating early detection of pump damage.
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The accelerating deployment of machine learning and automation is changing the artificial lift landscape. By embedding intelligence into the control loop, operators now can move from reactive decision-making to proactive, continuous optimization.