Production
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
Investment research firm TSCS reports that 60 to 65% of the highest-quality acreage in the Permian Basin, the most productive US shale basin, has already been drilled. The firm also estimates that only 3 to 4 years of Tier 1 premium inventory remains at the current drilling rate. This is driving industry-wide strategy shifts as companies move to lower tier and specula…
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Plugging operations are scheduled to begin early 2026. -
The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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TechnipFMC, in collaboration with Halliburton, was awarded the 2025 ICoTA Intervention Technology Award and received the 2025 Curtis Blount Outstanding Paper Award.
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To enable a fully interventionless approach, a barrier-rated tubing-hanger valve has been developed to eliminate slickline intervention and minimize associated risks and operational time.
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This paper explores the sustainability and safety aspects of laser perforation with a focus on factors such as water requirement, asset integrity, logistics, safety, and surface footprint.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
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Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.
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An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.
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Advanced tracer technology was deployed in Oklahoma to analyze production across lateral well sections.
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The supermajor believes oil and gas will continue to play a major role in the global energy mix over the next 25 years.
