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The international major is calling its latest multiwell project in the Permian Basin a “beacon of innovation.” The goal is to see if combining digital technologies will lower the operating costs of its shale assets.

Seven outstanding young professionals have been selected as finalists for the award, which will be presented at the SPE International Conference and Exhibition on Health, Safety, Environment, and Sustainability in Bogotá, Colombia.

McDermott said the first cargo was a precursor to substantial completion of Train 2. The liquefaction unit began production on 6 December.

Devon exits the asset that served as the company’s cornerstone for almost two decades and is known to the world as the birthplace of the shale revolution.

As companies look to reduce the time it takes to inspect a subsea pipeline, as well as the costs involved in the operation, autonomous systems have become a more desirable option. How close are they to becoming the norm?

Oil and gas extraction using water has opened up new hydrocarbon resources. However they can produce four times more salty water byproduct than oil. Desalination in shale gas and polymer-flood EOR remain niche markets for lowering cost and improving production.

Reduced investment in US shale will continue to weigh down the global oilfield services market through 2020.

Innovating internal systems at Exxon inspires executives to create a forum for the oil and gas industry.

Approved in October, the Flow Measurement Technical Section will help engage the greater SPE technical community in flow-measurement-related issues and technologies. It will cover the full spectrum of flow measurement, including single-phase and multiphase flow.

BP has signed a deal with a joint venture between Petrofac and SOCAR, the Azeri state oil company, to support its osshore and onshore operations in the Caspian Sea. These include the offshore Azeri-Chirag-Gunashli and Shah Deniz fields, along with the associated Baku-Tbilisi-Ceyhan pipeline, the South Caucasus pipeline, and the Western Route export pipeline.