Increasing investments in?network?infrastructure, rising?demand for oilfield communications?from oil and gas operators to scale the production of mature?oilfields, and rising technological advancements for?communication?across?oilfields?are expected to drive the?adoption of the oilfield communications market.
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In the second quarter Equinor completed 9 exploration wells offshore and 3 wells were ongoing at quarter end. Equinor made 3 commercial discoveries in the quarter, all close to infrastructure on the NCS.
The repayment leaves the Company debt free, with significant cash on hand, further cash due from the imminent lifting from the FPSO, and ongoing cash generative production from the Lancaster field.
From September 1 to November 1, TotalEnergies will lower its petroleum fuel prices sold in service stations by €0.20/litre compared to global market quotation prices, followed by a €0.10/litre reduction from November 1 to 31 December.
The success follows a programme of strategic growth activities including a new equipment investment of approx. US$10 million, signing a number of in-country joint ventures and partnerships, and a major recruitment drive expanding the EnerMech team of local hires across these geographies by a projected 63%.
The highest ESG score overall goes to Chevron, followed by SM Energy in second, while Ovintiv and ConocoPhillips shared third place.
Lucid’s Delaware Basin footprint overlays some of the most economic crude oil and natural gas producing acreage in North America. Current rig activity supports over 20 years of drilling inventory on Lucid’s greater than 600 000 dedicated acres
The paper describes how a combination of machine learning and rock physics helped leverage legacy seismic and well data for the characterisation of a carbonate geothermal reservoir located in the Dogger Formation northeast of Paris, France.