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After 3 harsh years of budget cuts and layoffs, oilfield services companies are beginning to see a recovery take shape. And the worst may be over for heavy-asset suppliers and equipment manufacturers in the offshore and subsea sector, but recovery is likely to be significantly slower.

E&P has become a margin business, with relentless pressure on cost performance and global competition for capital. As operators consider how to achieve further reductions in unit operating costs, the leadership team should focus on long-term value.

Corrosion inhibitors are often the first line of defense against internal corrosion, and effective mitigation relies on proactive monitoring and management of these inhibitors to allow for regular feedback and dose adjustment.

During a panel discussion on what fractures look like, one expert added a significant qualifier to the title: what they “may look like.”

Later this month, Mexico will auction off 35 shallow-water blocks in the Gulf of Mexico, as its attempt to revive its oil and gas industry moves forward.

My goal is to support small producers and tech providers. Cautionary note: If you work for a huge corporation and feel there is no need for little, pesky innovators, please stop reading this article now.

Statoil’s integrated operations center on the Norwegian continental shelf is one of several initiatives operators and service companies have set in motion to improve condition monitoring and maximize production on their assets.

This paper describes numerical-simulation results from a three-well pad in a stacked liquids-rich reservoir (containing gas condensates) to understand the interaction between wells and production behavior.

The Kaji Semoga Field in South Sumatra consists of three main reservoirs—Telisa sandstone (TLS), Baturaja limestone, and Talangakar sandstone. The successful development of TLS with hydraulic fracturing led to further efforts to maximize oil recovery.

There are two ongoing trends in the industry. The first is an increasing wave of digitization. Second, piggybacking on the increased access to sensor and equipment data, analytics and artificial intelligence are on an exponential rise in the industry.