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Digital transformation supported by data analytics and artificial intelligence can be the differentiator that allows the upstream industry to persist in the next 100 years, providing a unique foundation for innovation to enhance general public awareness and life quality.

Blockchain technology is changing the nature of money and organizations. We should probably start pondering the potential consequences.

The move will bolster Austin-based Parsley’s holdings in the Delaware Basin, giving it a contiguous 120,000 net acres opposite of its original Midland Basin focus area.

The controller from Olis will be distributed and supported by iCsys and is expected to increase efficiency and decease costs.

In 2016, the EPA published the findings of a multiyear study, “Hydraulic Fracturing for Oil and Gas: Impacts From the Hydraulic Fracturing Water Cycle on Drinking Water Resources in the United States.” This paper provides a summary of the study’s processes and highlights key finding and limitations.

The field is estimated to hold 19 Tcf, of which 13 Tcf is recoverable, NIOC reported 14 October.

As part of the $11-million deal, Kongsberg will establish a dynamic virtual representation of the plant, which serves as a gas processing and export hub for the Shell-operated Ormen Lange in the Norwegian North Sea.

YPF’s data analytics experts are eagerly seeking partnerships with oilfield operations experts who can help blend elegant data analysis with the messy reality of oil production.

The US Forest Service, which is working with FERC to prepare the review of the export terminal off the Oregon coast, said it only recently received critical information needed to complete amendments to its land and resource management plans. First gas is scheduled for 2025.

The round included a near-$1 billion signature bonus on a Campos Basin block awarded to a Total-led consortium.