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Nonmetallic, thermoplastic composite pipe (TCP) technology can now be found in every oil and gas region globally and can operate at pressures of up to 12,500 psi, and in water depths as low as 3000 m. The focus is now on developing and deploying TCP risers for extreme environments.

The decision comes 2 months after UK shale operator Cuadrilla Resources halted stimulation work at its Preston New Road site in Lancashire because of a magnitude 2.9 seismic event.

The world’s most profitable company will be listed on a domestic exchange next month. The final valuation of the company is yet to be determined.

The International Association of Oil and Gas Producers, the Joint Technical Commission for Oceanography and Marine Meteorology, and the World Climate Research Programme came together for a second time to discuss what has changed in the understanding of the physical risks of climate change.

Optimizing horizontal well placement is not limited to identifying the most-favorable reservoir, but also involves identifying the ideal target window within that reservoir.

Drilling has become a complex operation that requires a multitude of tasks to be managed at the same time. Not surprisingly, then, drilling automation will gain momentum in the near future to deliver consistent execution and performance safely and with good wellbore quality.

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Rapid scale-up of carbon capture, use, and storage is essential for meeting climate and emissions targets while not crippling economic growth. Yet, its potential remains largely untapped because of reasons that include growing pains of immature technologies and uncertainty around public policy.

Industry 4.0 is the innovation revolution across all industries. For our industry, Production 4.0 presents a massive opportunity to elevate oilfield performance by harnessing an easy-to-reach and plentiful resource—our data.