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Saudi Aramco has suspended the contract for the Seadrill co-owned jackup drilling rig for up to 1 year.
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Brazilian oil and gas company Petrobras has reached a production record on Búzios field located in the Santos Basin pre-salt offshore Brazil.
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Malaysian oil company Petronas has hired Maersk Drilling’s rig Maersk Developer for a one-well exploration campaign off the coast of Suriname.
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In 2004, US oil production was in decline, Facebook did not exist, and attitudes toward climate change were in flux. In years since, what has happened—and what’s important for the oil and gas industry of tomorrow?
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Oil sands producers predicted they could reduce production by 300,000 B/D by turning down steam injection. This will test methods to reduce, rather than stop, injection to avoid the damage caused by rapid cooling in some wells.
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Hydrogen is big news, and not for the first time. But this time could be different. This article looks at the current state of enabling technology, obstacles to a hydrogen economy, and signs that the hydrogen economy could be emerging.
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CNOOC Ltd., a branch of the China National Offshore Oil Corp., said in late June it had made a discovery at Huizhou 26-6 in the eastern South China Sea.
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Italy’s Edison has cut $284 million from the sale of its E&P business to Energean after excluding Algerian and Norwegian assets from the deal.
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A well was drilled into a prospective unconventional mudstone play offshore Norway. Two of five coring runs were successful while the rest yielded little to no core recovery. Subsequent investigation of the core substantiated that the coring issues largely had natural causes.
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The E&P subsurface sector today faces the lowest reserve replacement ratios in decades as well as an increasing need to maximize recoverable oil and gas from developed fields.
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Often it is too difficult to create the fault conditions necessary for training a predictive maintenance algorithm on the actual machine. A digital twin generates simulated failure data, which can then be used to design a fault-detection algorithm.
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A multizone water-injection project has ultimately proved a method of using intelligent completion interval-control valves in place of traditional sand-control completions in soft sand reservoirs.
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