Declining well productivity and the rise of offshore oil

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At the 2025 ADI Forum, Kendra O’Keefe, Technology Director, SM Energy; Carlos Granado, Regional Director, USA, CMG; and Francisco Arana, Director, Commodities & BD, BW Energy, joined moderator Panuswee Dwivedi, Project Manager, ADI Analytics. The discussion focused on recent trends and expectations in the oil and gas sector. It highlighted U.S. onshore consolidation, declining well productivity, and a shift toward mergers among equals. This shift was driven by limited assets and cost optimization. Panelists discussed the rise of offshore projects, particularly in deepwater regions like the Middle East, Africa, and Asia-Pacific. They also covered innovations like platform replication and AI-driven drilling. O’Keefe emphasized capital discipline and technology adoption in tier-two assets. Arana shared their strategy of redeploying infrastructure to develop stranded fields. Granado outlined how they were using AI and simulation tools to support operators. This approach improved efficiency and reduces emissions, particularly in oil sands and unconventional plays.

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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.

We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.


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