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Examples of evolution in well construction during the past several years include new horizontal-well applications, breakthroughs in bit and directional-drilling technology, synthetic fluids, fracture-stimulation advancements, managed-pressure drilling, and the digital revolution.
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Time spent on bottom drilling is only approximately 10% of the time consumed by drilling operations, but this still provides a significant opportunity for savings if it can be reduced.
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The $10-billion deal will add liquefaction and export capabilities to the existing facility in Sabine Pass, Texas, according to a Reuters report. Golden Pass currently handles up to 2 Bcf/D of natural gas imports to North American markets.
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Exxon Mobil is reorganizing and creating three new upstream companies and a global projects company.
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Since 2011, Equinor has reduced carbon dioxide emissions from its logistical operations for the Norwegian continental shelf (NCS) by 600,000 tonnes. The company’s ambition is to halve emissions in the NCS supply chain by 2030.
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The deployment and adoption of digital technologies across the oil and gas value chain could help scale the effect of the industry’s methane-reduction efforts, finds a new report.
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For the first time, the University of Oklahoma has offered a Human Factors in Oil and Gas Operations class. The offered course fulfilled the mission of training petroleum engineering students to make an impact on oil and gas industry.
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Recently, Nigeria's Department of Petroleum Resources issued guidelines in furtherance of the objectives of the Flare Gas (Prevention of Waste and Pollution) Regulations, 2018.
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When energy companies go bankrupt, the cleanup of their old oil and gas wells must take priority over paying off creditors, the Supreme Court of Canada ruled on 31 January.
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Marathon Oil appointed Lee Tillman chairman, effective 1 February. He will continue to serve as president and CEO, a position he has held since 2013. Tillman succeeds Dennis Reilley, who has elected to retire after nearly 6 years as chairman and more than 17 years on the Marathon Oil board of directors. The board has also appointed Gregory Boyce as its lead independen…