Risk management
The EIA issued a new forecast for US oil production as a result of US President Donald Trump’s recently announced tariffs.
A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
This paper introduces a novel optimization framework to address CO2 injection strategies under geomechanical risks using a Fourier neural operator-based deep-learning model.
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The recent Permian Basin earthquakes in Texas are keeping producers, regulators, and service providers busy in their quest to reduce the intensity and frequency of the induced seismic events. -
Early commitment to new energy projects can jeopardize their chances of success. Understanding and mitigating the risk of these projects is key to their success.
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The authors of this paper describe a software technology that balances calculated well-integrity risk with the associated financial impact for an entire integrity-surveillance program.
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This study evaluates well integrity and CO2-leakage risk in wells penetrating a CO2 storage reservoir in Malaysia.
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The Railroad Commission of Texas is inspecting injection wells in the Gardendale Seismic Response Area where a magnitude 5.3 earthquake and multiple aftershocks struck.
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After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
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High prices have predictably led to production booms that end in busts. But in this cycle, the focus has shifted from production growth to cash flow growth.
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Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
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Data from Sphera’s latest Safety Report reveals a persistent gap between the intent and reality of process safety management, while environmental, social, and governance concerns are a growing consideration for process-safety management and operational-risk management professionals.
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Many leaders commit to the aspiration of no harm to people, but they may need help on the substance and actions that will make a difference. The authors share their insights gained from decades of robust experience in safety culture and performance improvement and where it succeeds or fails.
