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Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
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SPE leaders share their insights on how COVID-19 and the low oil price environment are affecting the oil and gas workforce, the SPE, and future industry interaction, including academia.
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Houston-based Occidental had earmarked the money to ease debt from buying Anadarko.
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Flotek Industries announced that it has acquired 100% ownership of JP3 Measurement, a privately held data and analytics technology company, diversifying the company’s business across all segments of the hydrocarbon industry.
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For as long as anyone can remember, the liquid carry-over separation efficiency of 0.1 gal/MMscf has been ubiquitously specified in separator design. This article provides the most likely scenario of its evolution.
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GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good.
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Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.
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An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.
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The silver lining for those overseeing the unprecedented shut ins of tight-oil wells is the potential to acquire a wealth of reservoir data. But first, petroleum engineers need to monitor these wells and use the right analysis toolbox.
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The future of intelligent operations in our industry is being driven by advances from other sectors that have been embraced for petroleum applications. Foundational changes already taking place include advances in the type and volume of data being acquired and how the data are used.