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Exploration activity targeting Jurassic carbonate reservoirs in North Kuwait has led to the discovery of six major tight gas fields in the last decade.
The latest startups mean BP has brought five of its seven major 2017 projects onstream.
Cobalt hopes to finalize the bidding process for its GoM assets in September as it continues to resolve concerns with its Angola assets sale.
CO2 could unlock substantial tight formation returns.
Service companies have been battered by the downturn but are keeping their sights on upcoming market needs.
Despite challenging economics, offshore EOR offers substantial returns.
Output from the oil sands is set to increase this year. Could the U.S. Gulf Coast be a destination as a replacement for Venezuelan oil?
The Juniper, Persephone, Zohr and Khazzan Phase 1 developments are expected to startup by year-end, bringing the total to seven for the year, according to BP.
Operators are finding value in CO2 recoveries.
Companies are finding success and value in late-life recovery methods.
Technologies help solve the engineering challenges of increasing stage counts and proppant volumes in sliding sleeve completions.
Investing in EOR research could result in long-term payoff.