Jennifer
Pallanich
Hart Energy
Report: Colombia’s Oil, Gas Reserves Running Out
Colombia’s reserves-to-production ratios for oil and gas are now both less than eight years, according to recent data released by the country’s National Hydrocarbon Agency (ANH).
Reservoir Simulations Use AI to Change with the Times
Artificial intelligence and new simulation technologies are automating the modeling process for oil and gas, carbon capture and storage and geothermals.
Afentra Aims to Get More Black Gold Out of Brownfields
Former Tullow Oil CEO Paul McDade is leading a new company, Afentra, aimed at rejuvenating mature West Africa oil fields.
E&P Highlights: Dec. 30, 2022
Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.
W&T Offshore Eyes Future Acquisitions Following Mobile Bay Transaction
A transaction with Munich Re Reserve Risk Financing provides W&T Offshore with the dry powder needed to continue to accretively grow through “attractive producing property acquisitions,” CEO Tracy Krohn says.
Report Shows US Offshore Oil, Gas Resources Down
The biggest change in undiscovered technically recoverable oil and gas resources offshore the U.S. were seen in the Gulf of Mexico region, the BOEM says.
UAE Oil Discoveries Bolster ADNOC Bid to Reach 5 MMbbl/d Capacity
United Arab Emirates' Energy Minister Suhail al-Mazrouei said on Nov. 23 the latest oil discoveries are part of state-owned Abu Dhabi National Oil Co.'s efforts to increase production capacity to 5 million barrels per day (MMbbl/d) by 2030.
Eni, BP Hit Natural Gas Offshore Egypt
he Nidoco NW-1 exploratory well hit gas-bearing sands for a total thickness of 100 meters, Eni said.
Acoustic Imaging Tool Provides 360-degree Downhole View
The approach leverages sound waves to give operators eyes inside their wellbores.
Equinor, Rosneft To Extract 250 MMbbl Of Oil At Russian Field
Oil firms Equinor and Rosneft expect to extract some 250 million barrels of oil and 23 billion cubic meters of gas during the first part of the development of the Severo-Komsomolskoye oilfield in Russia, Equinor said on Dec. 23.