Testing page for app
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Satelytics, a US-based geospatial analytics software startup, will receive $5 million from BP Ventures to develop its methane-detection technology and then scale its applications across the oil and gas sector.
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Each year at the SPE Artificial Lift Conference and Exhibition, energy professionals convene to connect, grow, and learn—and also to laud outstanding innovators in their field.
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With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull.
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Bottle tests are the preferred method to test petroleum emulsion stability in the industry today. A new technique using nuclear magnetic resonance (NMR) is available to evaluate both stability and demulsification behavior of emulsions.
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While drilling in deepwater Gulf of Mexico, a topdrive failure forced the shutdown of all drilling operations for the rig operator and lasted for 114 hours.
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National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, said Wood Mackenzie.
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Qatar Petroleum entered into a farm-in agreement with Total E&P to acquire a 45% participating interest in two blocks located in the Ivorian-Tano basin, offshore the Republic of Côte d’Ivoire.
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Fit-for-purpose tactics likely will be of ever-increasing focus going forward. If it is not adding value, it should not be done. But “fit for purpose” encompasses a wide range of possibilities—leveraging new approaches as well as learning from old approaches and improving current approaches.
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In an era where capital markets are hitting the brakes on funding the US shale sector, operators have increasingly pivoted from production growth to maximizing the rates of return via lower-cost wells.