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Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin. -
A major offshore discovery led by Talos Energy is the first successful wildcat well drilled by a private company in Mexico in almost 80 years and a milestone for the country’s recently enacted energy reform.
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While the industry grappled with the disruptions caused by collapsing oil prices, the long-awaited “big crew change” took place almost unnoticed. But some of its challenges remain.
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In a recent acquisition, H2O Midstream will own and operate Encana’s produced-water gathering system in Howard County, Texas, and will expand it to also serve third parties.
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There is increasing interest in drilling the Austin Chalk formation, with hopes that the latest unconventional development methods can deliver a boom in a play that has seen several over a 90-year history.
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Leveraging data to drive the best technology solutions and inform business strategy is the route to future industry success, says a US independent’s top executive.
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Industry efficiency gains in the Permian Basin are “very pivotal and we’re not done. We’re still making improvements,” says Laredo Petroleum’s Randy Foutch.
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OTC panelists were excited at the potential of deepwater exploration offshore Mexico and believe that opportunities there could eventually drive a big new wave of activity.
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Panelists at the Offshore Technology Conference largely doubted that the oil and gas industry is making full use of digital technology for fundamental transformation.
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Companies are rethinking offshore developments and in a very tough market are finding innovative ways of bringing some projects forward.
