Trending Content
Schlumberger beat Wall Street expectations in its second quarter and is seeing positive signals in its international growth prospects.
The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
Halliburton and Baker Hughes both forecast moderate growth in their latest quarterly earnings reports.
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Thanks to a resilient natural gas market, the US led all other nations in hydrocarbon production in terms of total energy output. -
The deal will see the gradual elimination of the production cuts that at the beginning of the pandemic totaled nearly 9.7 million B/D. -
The world’s largest emissions trading market will probably start slowly. -
Russian oil major Lukoil expanded its Gulf of Mexico presence, acquiring a 50% operator interest in Mexico’s Area 4 offshore license area.
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When fracturing, simply shooting all the perforations at the same spot in the casing can offer increased production at a low cost.
For the entities formerly—and, sometimes, still—known as oilfield service companies, the energy transition presents new business challenges and opportunities. How are they managing?
A fast-moving pressure pulse is the priority of a research and development initiative that, if successful, will result in a new diagnostic technology for horizontal wells in tight reservoirs.
One of the major characteristics of petroleum data analytics is its incorporation of explainable artificial intelligence (XAI). Predictive models of petroleum data analytics are not represented through unexplainable black-box behavior. Predictive models of petroleum data analytics are reasonably explainable. This second part of a two-part series presents the use of XA…
Those who work for the many small businesses in the oil patch see the business, and its future, differently from the energy and financial giants that get most of the coverage.
As a global pandemic continues, the London-based company's annual lookback has found that last year's pain was not shared evenly across the energy spectrum.
The operator is exercising its right of first refusal, negating the previously announced deal with a private equity group.
Natural gas is produced from the ground now, but maybe not forever.
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Monthly Features
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A wellbore repair tool was successfully deployed to rectify collapsed tubing in a remote well off the coast of Papua New Guinea. -
The recent cyberattack on Colonial Pipeline’s IT system has thrust the issue of oil and gas industry cybersecurity into the spotlight, which, according to specialists in the field, is where it should always be. -
This study in a shale-oil formation quantified the hydraulic fracture propagation process and described the fracture geometry by developing a geomechanical forward model and a Green’s function-based inversion model for low-frequency distributed acoustic sensing data interpretation, substantially enhancing the value of the LF-DAS data in the process. -
“What is the drilling state” has become an important question among data scientists and automation experts. The simplest definition of a complicated concept is that it is what the driller is doing at the time.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year. -
The field's partners, led by operator Suncor, agree to restructure the offshore project ownership to give a boost to plans for life extension.
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The Canadian pipeline operator will also operate the proposed floating LNG project with a planned startup slated for 2027.
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President's Column
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As the COVID-19 pandemic subsides in most parts of the world, it is time for our ship to leave port. As we pull up our anchor, we must accept that there are risks out there, but we must get back to the task of exploration and production to improve lives, mitigate poverty, and provide the energy to enable a modern global society.
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SponsoredAmong the industry’s shortest and most advanced dissolvable frac plugs, Stinger delivered big to this Howard County, TX operator with time and cost savings. -
SponsoredAmong the industry’s shortest and most advanced dissolvable frac plugs, Stinger delivered big to this Howard County, TX operator with time and cost savings. -
SponsoredHigh-resolution optical measurements hold the key to unlocking the performance of hydraulically fractured wells -
SponsoredWell monitoring hasn’t been easy. But it’s something that has to be done. Remote oil and gas wells are notoriously difficult to monitor. But new technology may make them some of the most advanced sites out there.
Technology Focus
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SwRI’s EZ Flow treatment process is intended to cut down on cost and energy intensity of heavy-crude pipeline transportation.
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The Magnus oil field in the North Sea catalyzed a major leap for subsea control systems. The original development of the multiplexed electrohydraulic control system has developed into a multimillion-dollar subsea controls industry.
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Globally, the International Energy Agency forecasts a recovery in global demand for natural gas in 2021 led by growth in the Asia Pacific region as emerging markets recover. The US will continue to play a significant role as one of the largest producers and contributors to natural gas supply growth.
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