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Complexity is the central challenge of executing deepwater major capital projects, and the industry must find ways to reduce it for future projects to be viable, Chevron’s General Manager of Facilities Engineering Mick Kraly told a luncheon audience Tuesday at the Offshore Technology Conference in Houston. “Major Capital Projects Yesterday, Today, and Tomorrow: Is The…
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The importance of reducing emissions of methane, a short-lasting but powerful atmospheric greenhouse gas (GHG), received close attention from panelists at an IHS CERAWeek strategic dialogue, Tightening the Valves on Global Methane Emissions.
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The case for focusing on boosting recovery from older fields in a depressed drilling climate is compelling. At a breakfast session during IHS CERAWeek on squeezing more oil from brownfields in a low oil price environment, panelists discussed today’s improved field recovery capabilities.
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With the outlook for the oil and gas industry very much unsettled, the Offshore Technology Conference (OTC) will offer global energy professionals a world-leading forum for obtaining the in-depth knowledge of scientific and technological advances and innovations to meet today's challenges.
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Panelists at CERAWeek discussed the numerous steps their companies are taking to achieve large-scale permanent, in addition to cyclical, capex reductions on major projects.
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As oil companies struggle with the collapse in crude prices and industry upheaval, assessing the future of exploration and production (E&P) in specific countries requires a longer term vision of a market in which prices will have stabilized and rebounded to a level yet undetermined.
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While the collapse in oil price is reshaping opinions about the North American shale revolution and the outlook for oil producers, natural gas producers in the United States are in a somewhat different position
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The effects of oil price volatility on operators and service companies, technological advances, safety and environmental risks, economic and regulatory impacts, and sustainability were highlighted in the sessions and discussions during the annual Offshore Technology Conference.
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Do you know where your wellbore is? The question is not rhetorical, but one the SPE Wellbore Positioning Technical Section (WPTS) strives to ensure that well operators can answer with high accuracy.