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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Introducing Noviโ€™s Insight Engine

Novi

Since then, weve built the industrys highest-quality database, incorporating cutting-edge AI to enhance your understanding of spacing, landing zones , and future production with unprecedented precision. We hear it every day from engineers, analysts, and investors: the need for fast, actionable insights. But we are not stopping there.

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AI advisor helps exploration geologists make better, faster predictions

IBM: Oil & Gas

We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. This helps them to make better and faster decisions in the intense competition for gas and oil exploration contracts. From acquiring licenses to starting production can take over a decade.

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Overturning 8 Years of โ€œPalpable Error,โ€ The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Louisiana Land and Exploration Co., Outside of any express contractual provision being present, it is an error to have the jury consider any damages related to Act 312 remediation of the property.

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The Importance of Field Gas Conditioners and JT Skids in the Oil and Gas Industry

Pro-Gas Services

Join us as we delve deep into the world of field gas conditioners, exploring their functions, benefits, and the crucial role they play in the oil and gas value chain. This flexibility makes them invaluable in today’s diverse oil and gas production landscape. These surges, known as slugs, are a common challenge in gas production.

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Creating the Industrial Ecosystem

McKinsey

We were provided a variety of insights in different presentations and demonstrations, of the technology they are working upon. They do seem to be are on a good path for growth but to make it a path that fully connects to exploit all the opportunities it can explore. Innovation expertise is as specialized as engineering for example.

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Reimagine your geospatial analytics workflows for subsurface data in the era of generative AI

AWS: Energy (Oil & Gas)

Overview The combination of AWS generative AI, S&P Global Enterprise Data Management (EDM) for Energy, and Esri ArcGIS tools orchestrates a harmonious symphony in subsurface exploration workflows within the energy sector. The conceptual architecture of the EDI on AWS for the OSDU Platform is shown in the following figure.