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Producers in Oklahoma’s newly opened Merge play are sitting atop a resource that rivals some major world gas fields and discoveries, Citizen Energy’s Geology CEO Greg Augsburger told the SPE Gulf Coast Section Business Development Group recently.
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Telling executives that the cost per foot drilled is down is not going to convince them that drilling is getting more efficient. That requires translating drilling measures into the language of corporate budgeters.
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The newcomers to exploration are digital natives arriving at companies that need their skills to mine underused hordes of data. But those looking to get ahead have a lot to learn.
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The success of an upstream startup in the 1970s might offer lessons for those entering the oil and gas industry today.
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Partnerships are proving key in developing and sustaining big offshore projects internationally, with Eni now teaming with ADNOC off Abu Dhabi and farming out another stake in the Zohr gas field off Egypt.
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Fears of peak oil demand are exaggerated, Saudi Aramco’s CEO says, despite recent headlines that advances in electric vehicles and worries about climate change will lead to a drop in global oil and gas use.
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Geothermal power offers enormous potential—an inexhaustible supply heat to drive huge electric plants around the clock—but that extreme heat can quickly kill conventional hardware, which led to something new.
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A 2-day event in Houston will bring together investors, entrepreneurs, and innovators from the oil and gas industry to discuss trends and pitch ideas.
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Many operators are taking a full-life-cycle approach to preparing for decommissioning—a shift borne of necessity amid cost and regulatory constraints.
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Schlumberger and Subsea 7 want to form a joint venture that builds on their 2-year collaboration in the subsea sector.
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The capital intensity of energy operations provides a challenge for early-stage companies looking to stand out. What makes companies innovative, and where are the areas where venture capital is seeing the most innovation?
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CNH President Juan Carlos Zepeda discusses the role of information management in Mexican energy reform and what lies ahead for the monumental industry transformation in an election year.
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