Risk management
Although they only make up about 10% of total US production, the vast majority of onshore US conventional wells are stripper wells. What are the implications for buyers seeking assets?
This paper presents a novel matrix to identify environmental and social elements relevant for the development of oil and gas projects. It also proposes a useful traffic light and multivariate analysis methods for the evaluation of these elements.
A global trend has developed toward the application of risk-based assessment (RBA) techniques for managing environmental risks and considering potential effects of produced-water (PW) discharge.
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In the aftermath of the Deepwater Horizon oil spill, the oil and gas industry, regulators, and other stakeholders recognized the need for increased collaboration and data sharing to better identify safety risks and address them before an accident occurs. -
The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings.
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This essay explores the overall trend toward an oil and gas governance regime increasingly focused on development risks and analyzes the growing divergence of state responses. In doing so, it assesses the conditions that have challenged previously universal legal doctrines.
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Two intelligence groups share similar views on how the fallout from the COVID-19 pandemic has impacted OFS companies’ valuations and operations.
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FPSO sanctioning is at a minimum and few opportunities remain for FPSO suppliers to find new work and redeploy their vessels. Suppliers may be forced to accept day rate reductions in order to keep their vessels working.
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A technical synopsis of major considerations for unconventional wells facing prolonged shut-ins. The review includes deciding factors for kill fluid selection and risks of incompatible fluid mixing.
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Financial Fallout: For two big companies, tougher times call for tougher actions.
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University of Houston Energy asked 408 industry workers to gauge their companies’ response to the global pandemic and economic downturn.
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Exploration commitments are expected to dwindle in the current market environment.
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The potential leasing of space in the SPR comes after the DOE’s plans to buy crude oil were suspended. US oil inventory stockpiles stand at a 10-month high.
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