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Why Digital Field Tickets Are the Oilfield’s Most Underrated Profit Solution

Enverus

Ask any oilfield operations manager what slows down invoicing and you’ll hear it every time: submitting field tickets from the job site to the office. Now, let’s talk about the most underrated solution to fix it: digital field tickets. And when invoicing stalls, so does your cash flow. Invoices go out in hours – not weeks.

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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

bp, which has pivoted away from its failed low-carbon strategy to focus more on fossil fuels, signed a memorandum of understanding to study reviving two huge oil fields in Libya, it said in a statement on Tuesday. The document outlines a framework for how the energy companies might work together and assess a range of technical data.

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The First Oil Well in the World – Bibi Heybat

Aresco

This ancient oil field is widely regarded as the location of the first mechanically drilled oil well in the world, predating Drake’s well by several years. Some of the world’s most prominent families and business magnates – including the Nobel brothers and Rothschilds – invested heavily in Baku’s oil fields.

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Connecting Producers and Partners With a Digital Gathering System

Enverus

The large-scale flow of revenue statements, JIBs, division orders, and 1099s (among many other document types) not only poses risks from theft or loss of royalty checks and PII, but workflows also grind to a halt as accounting and well data trickle in. The upshot for owners? Increased speed and consistency of owner support.

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When $180 Million Rides on an Expert's Supplementation Decision

Producer's Edge

The court also rejected Apollo’s attempt to establish damages through Apache's internal documents and investor presentations showing property values. The court explained that "the necessary methodology and basis to support an expert's opinion in this field must be presented."

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Developments in France are particularly relevant to Spain since France is accelerating its CCUS efforts despite not having significant national oil and gas reserves, which eliminates the possibility of using depleted fields for CO 2 storage. In addition, most of Europe’s depleted oil and gas fields are located at sea.

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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.