Latest News

Most industries measure digital transformation by accelerated, highly visible outcomes—from new business models and efficient processes to experiences that wow customers and employees alike. But not the oil and gas industry. In fact, it may be following a completely different playbook.

The shale sector is studying the results of a 23-well experiment in the southeastern corner of New Mexico to learn what the wider implications might be.

The $5.6-billion deal includes the Prudhoe Bay field and the Trans Alaska Pipeline and vaults Hilcorp to be the second-largest Alaska producer and reserves holder, behind only ConocoPhillips.

Capital drilling equipment company Henderson has named Chris Naquin as senior business development manager. Naquin has more than 28 years of experience in fabrication and rig building to the position. Prior to joining Henderson, he served as project manager for Sundowner Offshore and Nabors Industries and as owner of Advanced Rig Services and Applied Machinery Corp., …

The transaction is planned to be structured as a spin-off of TechnipFMC’s onshore/offshore segment to create SpinCo and RemainCo. The separation is expected to be completed in the first half of 2020.

The shale sector is making moves to consolidate amid investor pressure to increase cash flow. This deal will form the second-largest producer in Colorado’s DJ Basin.

One of the most important environmental issues of openpit mining is the closure of mine pit lakes. This article from Mining Engineering provides an account by Gerry Stephenson, who was chief mining engineer of Canmore Mines and was instrumental in the reclamation of Canmore Creek Mine pit lakes.

Mosaic’s technology uses chemistry to remove carbon dioxide from emissions sources, and the two firms will be looking at how to scale it for industrial use.

New technologies present both challenges and opportunities for keeping oil and gas workers safe. In two panel discussions at the latest Offshore Technology Conference, safety experts throughout the industry debated how to move forward.

The service company said it will make its data ecosystem available to the platform that is designed to bring together exploration, development, and wells data from across the industry. This will allow Schlumberger to integrate its solutions with its clients who have already joined the platform.

Scientists have discovered a way to extract hydrogen from oil without releasing greenhouse gases—a move they've hailed as a "silver bullet" for climate issues.

Vehicle crash data reported throughout the industry from state and federal agencies as well as independent sources show that speed and seatbelt use are the two biggest contributing factors that lead to oilfield-related fatalities.