Testing page for app

Economical oil extraction depends largely on reducing wear and tear of downhole equipment and tubulars through regular monitoring and batch treatment to cut the risk of corrosion and costly workovers. Having a data-driven approach to scheduling batch treatment can bring down the frequency of treatment and avoid the unnecessary use of resources.

The sale of the minority stake is part of its larger 2021 program to raise an average of $4 billion annually by shedding noncore holdings.

The pairing was instrumental in Expro’s receipt of a multiyear well-intervention services contract for Chevron’s Gorgon development.

Recent decisions by US market regulators reflect growing pressure on the largest US oil producers to back up emissions targets with more detailed strategies through disclosures.

As clean energy technology gains ground, a new energy security concern is taking center stage. Where once national security officials watched oil supplies, they are now tracking the production of minerals such as cobalt, indium, and neodymium used in the manufacturing of batteries, solar panels, and wind turbines.

The new DeeperSense project, an international consortium led by the German Research Center for Artificial Intelligence, is working on technologies that combine the strengths of visual and acoustic sensors with the help of artificial intelligence. The aim is to significantly improve the perception of robotic underwater vehicles.

ExxonMobil submitted a proposal to Colombian authorities to develop a hydraulic fracturing pilot project in the Magdalena Basin. Colombia wants to drastically raise its declining reserves-to-production ratio by tapping into shale.

The Energy Council, a London-based networking platform, has released a survey of its 100,000 members suggesting that the finance and investment community has money and an appetite to continue to fund E&P exploration, particularly in gas.

The operator will use the cash from the sale to reimburse its expenses related to the platform’s construction.

Phased work to remove Heimdal and Veslefrikk A from the Norwegian North Sea shelf should be completed sometime in 2025.