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OPEC Demands Consistency After Another IEA U-Turn

OilPrice

This weeks call from the International Energy Agency (IEA) for continued investment in existing oil and gas fields is another moment of truth for the Paris-based agency, highlighting its inconsistent messages about upstream investment, OPEC says. OPEC reviewed the messages the IEA has issued since 2017 in an article published on its website.

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EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

Oil & Gas 360º

If realized, this annual production increase will be the first since 2017 and the largest since 2002. million bpd in 1988, and production has since fallen largely because of the production decline of mature oil fields, limited lease availability, and high exploration and production costs.

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Orange is the New Green, for Greenhouses

Energy Central

In Colorado, where I live, from 2012 to 2017, the total number of greenhouse farms increased by 47%. Crops grown in greenhouses may require as little as one-tenth of the water used in open-field agriculture, but those water savings come at a cost:

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Dana Gas Increases Investment in Kurdistan Fields

Iraq Business News: Oil & Gas

Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG.

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The heart of the US oil boom is slowing

Oil & Gas 360º

(BOE Report) –NEW YORK (Reuters Breakingviews) Oil fields are just as quick to make fortunes as break them. A mere two years later, over-extraction drove the field into decline. With even remote fields like Alaskas North Slope sputtering and the cost to find and extract an additional barrel of oil rising, collapse loomed.

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Colombia’s GeoPark appoints Felipe Bayon as its new CEO

Oil & Gas 360º

From 2017 to 2023, Mr. Bayon was CEO of Ecopetrol , one of the most important energy groups in Latin America, where he led 18,000 employees, oversaw production of approximately 700,000 boed and revenues of over $30 billion, and delivered record financial, operational, and safety results. and the U.K.,

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Enhance predictive maintenance with generative AI agents on AWS

AWS: Energy (Oil & Gas)

In this scenario, we have a variety of electric motors in the field, sending sensor readings. Sensor data arrives in JSON format, including a motor ID field. If it detects an anomaly, then the agent generates a summary and invokes a notification action from the defined action groups to send a notification to field operation teams.