06 November 2023
06 November 2023
The companies have also formed a partnership for the North Field South expansion project.
Recently, the North Sea Transition Authority (NTSA) awarded 27 oil and gas exploration licences in the North Sea.
The Norwegian Petroleum Directorate (NPD) said the discoveries have been made in two different formations, Eiriksson Formation and Cook Formation.
Crestwood’s system comprises gathering and processing assets in the Williston, Delaware and Powder River basins.
Protestors resisting the development of the East African Crude Oil Pipeline claim it will damage the nation’s fragile ecosystem and displace citizens.
Chevron is negotiating agreements for up to 15 years as consumers in the region anticipate depending on LNG imports for a longer period than originally expected.
Cheniere Marketing will supply around 0.9 million tonnes per annum (mtpa) of LNG for 20 years to Foran.
The discovery was made at the Roystonea-1 exploration well in Block 52.
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ML can be used to analyze seismic data, well logs, and other geologic data to identify potential reservoirs. ML algorithms are also capable of analyzing production data and identifying patterns that can be used to improve well performance. This can lead to increased production rates and reduced downtime. Besides, this analysis can also be used to identify potential hazards, thereby preventing any untoward incidents and boosting operational safety.
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