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Sourcing water, flowback water services threatened as D&Cs decline.

William Benjamin (Ben) Cline IV, SPE, died 19 April. He was 87. Cline is the cofounder of Gaffney, Cline & Associates, an international oil and gas consultancy. A longstanding SPE member, Cline was a petroleum engineer of many accomplishments, a consummate problem solver, and a mentor and friend to many in the international oil and gas community.

I suspect that most people’s 2022–2030 strategic planning windows have shifted. Operational and tactical plans and strategies will need to be based on a widely divergent set of assumptions.

Oil companies large and small have pulled out the stops to stay on solid ground. Devon, Diamondback, and Parsley post latest cuts in production.

The cementing services market size in the US is expected to drop 50% year-on-year from 2019. The significant drop in Permian Basin activity will account for 40% of the total market size reduction.

The W-Industries contract comes 2 months after Worley was awarded a master service agreement for services on the Mozambique LNG project.

How do we gear up for the next stage as countries start opening for business again? Do we try to go back to the way things were, or do we decide to evolve our strategies? Perhaps we can reimagine what sustainability in our industry looks like.

Dutch companies are among the latest to explore the transformation of seawater into sustainable energy.

With US oil prices struggling to top $25, oil companies and service providers are making deeper cuts this month to cope. The biggest come from Halliburton which may have shed 5,000 total jobs since the start of the year.

So many unprecedented changes have occurred in the Canadian oil business that it is impossible to compare the current downturn to anything seen before.