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Houston-based Occidental had earmarked the money to ease debt from buying Anadarko.
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The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public health concerns raised by the COVID-19 pandemic.
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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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The number of temporarily abandoned oil and gas wells is up 37% from last year, but Colorado regulators say they still have the time—and money—to inspect them.
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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 reality is that those working in the oil and gas industry are facing the toughest challenges seen in a generation. Aside from higher prices, one of the only things that will make it easier is good leadership.