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Chevron Technology Ventures launched a new $300 million fund focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy.

Start-and-stop data management initiatives and a mishmash of partial solutions are no longer viable for managing the digital oil field. Data management should be transformed from a cost center to a cash-flow-generating function.

Oil boss tells CERAWeek attendees a healthy oil industry will push green energy investment.

The US government is looking at the contractor’s books over possible sanctions violations.

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For the past several months, the rig count in North America has been slowly but steadily improving and some pockets of deepwater operations are finally showing some activity, especially in Central and South America and Africa, where interesting discoveries continue. Arctic operations also are picking up, though not in North America, where a new administration in the U…

Laboratory formation damage testing is often used to help select optimal drilling and completion fluids, but predicting the overall effect of formation damage on well performance requires further interpretation. Paper SPE 199268 presents a case for use of CFD to upscale laboratory data to quantify that effect.

Will the oil fields of today become the hydrogen fields of tomorrow? Calgary-based Proton Technologies says this is possible and hopes to prove it soon after inking multiple licensing deals with other oil and gas companies.

The drilling program is the first exploration well to be drilled in production license 785 S.

The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.