8 Rivers’ Post

As part of the award in the pre-defined areas 2024 (APA 2024) round, Norway’s Ministry of Petroleum and Energy has offered 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS). This represents a drop compared to the previous licensing round when 24 players got 62 production licenses. Link to article: https://lnkd.in/eUMtycJr #oilandgas #energytransition #NorthSea #BarentsSea #NorwegianSea #Norway #exploration Terje Aasland Equinor DNO ASA OKEA ASA Vår Energi Aker BP ASA

Innovative indeed. Taking advantage of the temperature drop due to depressurizing capture CO2. Simple solution towards cost effective CCS value chain.

PetroLocate introduces the groundbreaking PL14 Seismoelectric system, capable of detecting oil, gas, and freshwater up to 2000m, revolutionizing exploration processes. Say goodbye to traditional exploration costs and time constraints! 800.251.2920 #petrol #Explorationdrilling #usa #TrumpVance2024

Oil and Gas Development Company Limited (PSX: OGDC), has announced a significant gas and condensate discovery in the Samanasuk formation, an exploratory zone, at the Bettani-02 (Slant) well in District Lakki Marwat, Khyber Pakhtunkhwa. OGDCL, the operator of the Wali Exploration License with a 100% working interest, drilled the Bettani-02 (Slant)... Read More: https://lnkd.in/eesyvKiT For more details visit raisedbynumbers.com #RBN #RaisedbyNumbers

The latest article by Jaxon Caines in E&P highlights a significant trend: the surge in longer lateral drilling. This innovative approach is transforming the industry by enhancing reservoir recovery and boosting efficiency. Leading the way are high profile companies like ExxonMobil, Pioneer Natural Resources Company, SM Energy Company, GBK Corp, Permian Resources, and Franklin Mountain Energy, LLC. 🔹 Maximized Recovery: By extending the horizontal reach of wells, operators can access more of the reservoir, leading to higher hydrocarbon extraction. 🔹 Increased Efficiency: Longer laterals mean fewer wells are needed to cover the same area, reducing costs and environmental impact. 🔹 Technological Advancements: Specialized equipment (like the high torque PTECH+ connection) and improved techniques are making it possible to drill and complete these extended wells successfully. This trend is a game-changer for the energy sector. Read more about this exciting development in the full article! #OilandGas #EnergyInnovation #LateralDrilling #Sustainability #Efficiency #drillpipe Hart Energy

ExxonMobil/XTO has completed 1,000 horizontal wells in the New Mexico Delaware Basin since 2017, showcasing its commitment to efficient and innovative energy production. Key advancements include 4-mile horizontal laterals and low-emission technologies, aligning with its goal of net-zero emissions by 2030. The company’s use of cube drilling and operational efficiencies optimizes resource recovery while minimizing environmental impact and costs. https://lnkd.in/gfXJgCbu

Mosman Oil and Gas secures majority stake in Colorado helium project: Helium and hydrogen exploration, development, and production company Moman Oil and Gas has signed a deal to acquire an 82.5% working interest in the Sagebrush project in Colorado. #gasworld #industrialgas

Here are three highlights of BNamericas coverage of the Offshore Technology Conference (OTC), in Houston: Exclusive interview with Petrobras' engineering, technology and innovation executive director, Carlos Travassos (pictured bellow), who assured that the state-run firm will strictly follow national requirements for goods and services set out in the exploration and production contracts signed with sector regulator ANP - Agência Nacional do Petróleo, Gás Natural e Biocombustíveis: https://lnkd.in/dfJg9U3s Brazil’s next oil and gas round likely to be held in 2025 (https://lnkd.in/dyG83B3P) Brazilians defend Equatorial Margin oil exploration in Houston (https://lnkd.in/dZktBak3)

Here are three highlights of BNamericas coverage of the Offshore Technology Conference (OTC), in Houston: Exclusive interview with Petrobras' engineering, technology and innovation executive director, Carlos Travassos (pictured bellow), who assured that the state-run firm will strictly follow national requirements for goods and services set out in the exploration and production contracts signed with sector regulator ANP - Agência Nacional do Petróleo, Gás Natural e Biocombustíveis: https://lnkd.in/dfJg9U3s Brazil’s next oil and gas round likely to be held in 2025 (https://lnkd.in/dyG83B3P) Brazilians defend Equatorial Margin oil exploration in Houston (https://lnkd.in/dZktBak3)

While #UPL awaits the PSC award, #Upland also confirms that it is now in discussions/negotiations with five established E&P companies, including Oil &Gas Majors to participate in the Exploration & Production of Block SK334