Latest News

LNG as a fuel source has been an energy staple for many Asia-Pacific countries for decades, and is increasing in importance in other regions as countries look to diversify their energy mix.

BHP Billiton plans to divest its US onshore assets. The company will continue to complete well trials, acreage swaps, and look into midstream solutions to increase the value, profitability, and marketability of the assets.

The company makes good on a pledge to reduce freshwater use and replenish the fresh water it uses.

Petrofac sold its 50% interest in Petro-SPM Integrated Services to Schlumberger. Petro-SPM operates the Pánuco Integrated Service Contract in Mexico. Schlumberger now owns 100% of Petro-SPM.

Rockwell Automation’s Luis Gamboa explains his company’s new solution designed to allow operators to collect, sort, and reconcile the quality and quantity of data from multiple sources to optimize field data.

The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.

At an initial production rate of almost 13 MMcf/D, BP’s new well has achieved the highest early-production level in 14 years for a well in the San Juan Basin of Colorado and New Mexico.

Senior Research Scientist and SPE Distinguished Lecturer Ian Walton uses a semianalytic shale gas production model to show that natural fractures, contrary to the intuitive beliefs of many, do not contribute significantly to production.

The new US sanctions against Russia will place added restrictions on international companies taking part in oil development projects with Russian companies and raise doubts about Russia’s plans to expand pipeline exports.

A new report notes significant shifts occurring in the E&P industry and urges oil and gas companies to increase the pace of innovation and rethink their business models.

While the slowdown offshore persists, this 96-year-old drilling outfit says that sharing its high-tech simulators with more of its clients will strengthen the business.

Second-quarter financial results show a modest improvement for the industry’s three largest oilfield services companies.