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The deal adds 16 super-spec land rigs to Patterson UTI’s domestic fleet and will result in the sale of Pioneer’s well service business.

It is estimated there may be a few hundred thousand abandoned wells in Pennsylvania—some located in the woods, along riverbanks, in people's yards, and even inside their homes.

The international petroleum industry has been in the spotlight after a gas leak sparked the underwater “eye of fire” boiling to the surface in the Gulf of Mexico and a large blast at a Caspian Sea oil and gas field.

Ranchers and regulators are contending with uncontrolled leaks from thousands of abandoned oil and gas sites that could render some land “functionally uninhabitable.”

The Environmental Protection Agency has underestimated methane emissions caused by oil and gas production by as much as 76%, according to research published in the Journal of Geophysical Research: Atmospheres.

Alumina Energy, Ionada, Parasanti, and SurgePower Materials will join the industrial scaling program at Halliburton Labs in Houston.

While Schlumberger, Halliburton, and Baker Hughes focus their legacy technology and service portfolios on driving up efficiency, driving down cost, and making current sources of energy less carbon intensive, they diverge on their approaches to scaling up development and deployment of breakthrough clean energy technologies.

The Gorgon gas project will consist of a new floating field-control station and subsea compression infrastructure.

Natural gas is produced from the ground now, but maybe not forever.

The introduction of artificial intelligence (AI) cameras on marine vessels is planned to embrace a smarter automated analytic response and reporting culture, which, in turn, is expected to lead to increased safety oversight of critical offshore operations in areas that have been determined to have a lack of physical safety coverage.