Digital oilfield

ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV.

The new IWS SIMOPS app is now available on the Corva App Store. The app provides real-time visualisations of the frac tree and wellheads that improve wellsite operational and safety performance.

Brüel & Kjær Vibro products have already been installed on 22 offshore platforms in the UK and Norwegian continental shelves since 1995, as well as many other platforms worldwide. The most recent in the UK continental shelf are the Lomond, North Everest and Armada platforms.

The study ranked 59% of companies at Medium Risk for a cyber breach, 13% at Low Risk and 28% at Very Low Risk. It also revealed 94% of all ransomware threats were held by only 51% of companies.

Exxon Mobil Corporation has announced estimated second-quarter 2022 earnings of US$17.9 billion, or US$4.21 per share assuming dilution. Second-quarter results included a favourable identified item of nearly US$300 million associated with the sale of the Barnett Shale Upstream assets.

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.

A new centre for well control training has opened in North East England to train drilling personnel in the oil and gas industry.

In a meeting in the corporate assembly of Equinor ASA on 7 June 2022 Michael D. Lewis was elected as new member to Equinor’s board of directors and Anne Drinkwater was elected as deputy chair of the board of Equinor.

LUBNOR is the fourth asset to have the purchase and sale agreement signed as part of the commitment signed by Petrobras with CADE in June 2019 to open the refining market in Brazil.