Testing page for app
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As economic considerations become increasingly important and the price of oil commands decisions in relation to facilities adaptation to cater to new production schemes, it is important to know the new field development trends, grounded on integration and technology.
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The big data approach will allow new types of data-driven models to bypass traditional bottlenecks. It is also expected to lead to different views of standard models, thus providing new and valuable insights in the process.
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The word “broadband” is used to sell a lot of what is new in offshore seismic. It can mean different things depending on who is speaking.
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Companies are using an increasing number of sound shots to gather more data in a shorter time frame.
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Developing the Mad Dog discovery appeared to be high-risk because of the difficulty in mapping the subsurface because of the thick layer of salt underlying the region.
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India has unveiled a plan to auction 69 small and marginal oil and gas fields with estimated proved reserves of 89 million tons of oil equivalent to local and foreign investors.
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After offering incentives to international operators last year to drill in Argentina, the country still has more work to do in attracting foreign investment.
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Oil markets displayed their manic-depressive side in August, dropping to around USD 40/bbl early and jumping back to near USD 50/bbl at month’s end.
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A biotechnology company from the San Francisco Bay Area is selling a futuristic solution to an old problem: lubricating drill bits grinding though rock.
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Edward E. Horton III, SPE, died on 13 August 2015 at the age of 87. He was known for his contributions to the offshore oil and gas industry and is recognized as the inventor of the tension leg platform and the spar. During the 1960s, Horton worked as a principal engineer for the ;National Academy of Sciences on the Mohole deepwater drilling project. He served in execu…