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Water is precious, and it is a factor in every aspect of oil production in the Permian Basin. It is used to produce the hydrocarbons, and it is produced with them. In the often-arid region of the Permian, finding a balance between water production and use can be a challenge.

Texas LNG’s CEO Vivek Chandra and ALNGE Principal Luc Speeleveld outlined key issues and concerns facing the US LNG industry now and in the future as market dynamics remain affected by COVID-19.

Delivery of the umbilicals is expected in Q4 2021. The King’s Quay FPS achieved FID in Q2 2019, and is expected to process up to 80,000 B/D of crude oil with first production in 2022.

A recent test proved the feasibility of using LiDAR on remote-controlled drones to create 3D maps of the inside of tanks, increasing the safety and efficiency of inspections.

Machine learning enables fast, cost-effective, and accurate methane emissions detection in remote areas.

Goal is to reduce plant emissions profile and boost sustainability in production.

The meeting with project partners comes less than a month after Mammoet was awarded an unloading, transportation, and installation contract.

Write-offs include billions for early-exploration-stage projects that the company will now cut.

Three-dimensional seismic technology helped unlock more subsurface secrets for oil and gas operators. Now, 3D technology can be used in scanning, a cutting-edge technology that engineers can use to plan upgrades to oil and gas assets virtually.

The development marks the second-largest shale producer to file for Chapter 11 since the onset of the COVID-19 pandemic that sent crude prices reeling.

The aerospace giant is launching a new business unit to cash in on the autonomous aviation market. It will act as a systems integrator for all Honeywell products and services that could be used in this industry.

The oil and gas industry was created by fierce entrepreneurs, wildcatters, and visionaries. But, in the last 50 years, it has lost its way. The industry desperately needs a paradigm shift. Here are four pillars upon which we think the reinvention of the oil and gas industry should be based.