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SPE's first live editorial roundtable discussion covered latest news and new technologies.
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Nymex WTI crude opened Monday on track for its worst day on record, falling nearly 40% to $11.05/bbl on the back of excess supply vs. low demand and dwindling storage capacity.
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The contracts were awarded in February. Petrofac said it is working with ADNOC to explore alternative options.
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The video features some of the leaders who helped the nation respond to the event.
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University of Houston Energy asked 408 industry workers to gauge their companies’ response to the global pandemic and economic downturn.
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SubseaIntel will provide an overview of its upgrades over the next 3 months.
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The court ruling comes less than a month after TC Energy announced plans to proceed with construction of the Keystone Pipeline.
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Shut-ins and planned production cuts have not affected crude prices, say industry experts.“It’s like trying to explain something that is unprecedented and seemingly unreal."
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On 20 April 2010, a blowout on the Deepwater Horizon, drilling at the Macondo prospect in the Gulf of Mexico, killed 11 crew and caused a major oil spill. The accident and spill forever changed the industry.
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Halliburton and Schlumberger write-off billions in asset value and signal that more job cuts are coming during the second quarter.
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Following the Deepwater Horizon incident in the Gulf of Mexico, the industry put in place comprehensive initiatives to improve offshore safety. This article outlines the status of two initiatives, a summary of the current focus areas to enhance safety, and SPE’s contribution to them.
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Most history-matching studies have fixed resources—that is, the team of engineers and geoscientists is predetermined. Moreover, the deadlines are always very strict. This constrained scenario often leads to an unfortunate result: The quality of the study suffers.
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