Testing page for app
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An ultrahigh-density high-resolution data set from the Hammerfest Basin is now available from PGS. The area is thought to contain around half of the undiscovered resources on the Norwegian continental shelf, according to the Norwegian Petroleum Directorate.
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Leaders of Rystad Energy went online recently to talk about the effects of the coronavirus pandemic on the oil and gas industry, and the prognosis isn’t good.
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Modeling immensely complex natural phenomena such as how subatomic particles interact or how atmospheric haze affects climate can take hours on even the fastest supercomputers. Now, work posted online shows how AI can easily produce emulators that can accelerate simulations by billions of times.
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Moving away from siloed organization to the co-creation of an IT/business strategy is an important progression in the journey of digital transformation.
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Revised estimates of project sanctioning total $61 billion in 2020, which is down from $192 billion forecast in 2019.
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The notion that the state of Texas could help oil producers by limiting production at a time when the market is glutted has a real history in Texas, but an iffy future.
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The JIPs managed by DNV GL and Berenschot focused on 3D-printed-component certification and supply chain set-up.
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US shale operators are cutting deeper, with some eliminating drilling and completions activity altogether.
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Oil and gas operators played it safe in the latest offshore auction by placing about half the high bids typically made. As a result, the total dollar commitment for the round was the lowest since 2017.
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The world’s second-largest service firm has seen its share price tumble by 75% as a result of the COVID-19 pandemic and a brutal price war. Workers at Halliburton’s main campus are among the first to feel the impacts.