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Analysis indicates decades of oil production have destabilized localities in an area of approximately 4,000 sq miles populated by small towns, roadways, and a vast network of oil and gas pipelines and storage tanks.

With the huge amount of water injection in the industry, the need is paramount for a more scientific approach to materials selection for tubing, especially CRAs. Software-based predictors similar to those developed for CO2 corrosion would improve the economical choice of CRAs.

Big-data mining techniques can help determe the type-curves and the resulting estimated ultimate recovery of an asset being evaluated for acquisition.

Hurricane Energy is still on pace for first oil in 2019 for the Lancaster field, which may lead to more significant development in the UK North Sea.

The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.

A new report from Oil & Gas UK explains how the UK North Sea is showing signs of life, but warns that new exploration investment will be necessary to avoid another production downturn.

C&J Energy Services announced the resignation of CFO Mark Cashiola. Cashiola had served in the role since 15 June 2016 and was the company’s chief accounting officer from 5 November 2016 to 5 May 2017. He joined C&J in January 2011. Prior to that, he was senior controller for Precision Drilling Oilfield Services for two years and, before its acquisition by Precision, …

The Powerbuoy from Ocean Power Technologies (OPT) has a scalable onboard battery system that can act as an offshore uninterruptible power supply (UPS) providing continuous power output. It can be used as a stand-alone charging station and communications platform that can enable the long-term remote operation of autonomous underwater vehicles (AUVs) used in marine envi…

The chief upstream strategist of IHS Markit said in a recent presentation that oil exploration must improve its ability to deliver value and better communicate that value to the financial community. New ways of thinking about exploration opportunities are needed.

Karl-Petter Løken has been named president and CEO of Kvaerner, the Norwegian oilfield engineering and construction firm. Løken has held several key positions for companies like Statoil, Aker Solutions, and Lundin Norway. He currently serves as head of project development for Lundin; from 2011 to 2015, he was engineering manager for Lundin’s Edvard Grieg field develop…