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For the offshore sector, the collapse in oil demand and prices came just as the market was beginning to look up. Now many companies are focused on survival. This article discusses how various market segments, regions, and companies are faring in “the new reality.”
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Researchers use novel methodology to measure the thermo-electric properties of native crude.
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Faster drilling speeds have become one of the major obsessions of the shale sector in recent years. But since completions represent up to 70% of a new well’s cost, maybe this side of the business needs more attention now.
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The room for error and cost overruns just got a lot smaller with the escalating need to make operations more efficient and leaner with fewer resources and investors continuing to prioritize ESG alongside profitability.
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The US crude inventory grew by 74 million bbl since 13 March when the US declared a national emergency in response to COVID-19.
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Gecko Robotics is providing the energy industry with artificial-intelligence-enabled robots to inspect infrastructure and supply massive amounts of data to help predict failures before they occur.
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The move to combine forces comes amid the fastest contraction in drilling activity the US shale sector has ever seen while Gyrodata will retain its international business.
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The AI journey starts with a single step, but too many companies take the wrong first step.
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The words "disruption" and "change" are becoming more and more common in many industries, including offshore oil and gas.
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Rystad Energy estimates show demand will be at its lowest in April before moving back up again in May.
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Tubular steelmaker Vallourec is latest to join reductions in workforce.
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A technical synopsis of major considerations for unconventional wells facing prolonged shut-ins. The review includes deciding factors for kill fluid selection and risks of incompatible fluid mixing.
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