Testing page for app
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The entrepreneurial ecosystem and the oil and gas industry are not a perfect match, but the industry has made strides in recent years to attract the startups developing innovative technologies that could usher it into a new era. How are companies bridging the gap?
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As companies have focused on giant capital investments onshore and offshore to drive growth, they have often focused less on field operations, especially OPEX. This represents an enormous opportunity to address profit squeeze by improving overall cost efficiency in oil and gas projects.
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Industrial augmented reality (AR) takes several forms. The holy grail—and eventually prevalent format—is headworn AR, where visualization software is installed on AR glasses such as Microsoft’s HoloLens. Nearer-term deployments also include smartphone- or tablet-based AR.
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This article discusses the role of data management in the context of exploration and production from the 1990s, when building centralized databases was the mainstream, to the end of the second decade of the 2000s.
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Upon completion, the FPSO will be the first permanently fiber rope-moored offshore facility in the Mediterranean, processing the reservoir fluids and export sales gas from the Karish and Tanin gas fields offshore Israel.
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The well will immediately be brought on production and is expected to flow at more than 100 MMscf/D of gas and 3,000 B/D of associated condensate, the company said.
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Most industries measure digital transformation by accelerated, highly visible outcomes—from new business models and efficient processes to experiences that wow customers and employees alike. But not the oil and gas industry. In fact, it may be following a completely different playbook.
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The shale sector is studying the results of a 23-well experiment in the southeastern corner of New Mexico to learn what the wider implications might be.
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The $5.6-billion deal includes the Prudhoe Bay field and the Trans Alaska Pipeline and vaults Hilcorp to be the second-largest Alaska producer and reserves holder, behind only ConocoPhillips.
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The main goal of production logging is to evaluate the well or reservoir performance. A look at several scenarios of poor well performance and recommendations for production logging tools for diagnosis.