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 investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Updates about global exploration and production activities and developments.
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Field examples from the Bakken Shale and Permian Basin illustrate the benefits of deploying polymer-coated and uncoated scale inhibitors in unconventional wells.
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New strategies for protecting metal infrastructure emerge as operators fine-tune a corrosion threat screening process and develop a new method for tracking inhibitor effectiveness.
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Some offshore operators invest tens of millions annually in well interventions, while others spend nothing. What drives the difference remains a mystery.
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The paper showcases the digital journey of a brownfield where digital solutions are enhancing recoverable volume, production, and process efficiency while minimizing losses and maximizing the return of investment.
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Interfacial tension keeps oil and water separate by resisting the mixing of their molecules at the surface. Learn how industry experts measure this force to diagnose fluid behavior.
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The second-largest gas producer in the US is aiming to pump an average of 6.3 Bcfe/D this year.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.