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Petrolern has received a $1.15-million grant from the US Department of Energy to develop and commercialize its technology that models in-situ stresses by using available data.
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A demonstrator showcasing the potential of the technology is scheduled to come on line in late 2023.
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The company says its HoverGuard flies on commercial drones and is designed to detect and quantify greenhouse-gas emissions along transmission pipelines.
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Pioneer Natural Resources is moving to complete its second major acquisition of another shale producer in less than 6 months.
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Oil demand is expected to rise just enough this year for a small increase in OPEC production.
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The supermajor would be the second to conduct a hydraulic fracturing pilot project in the country.
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The court's decision marks the endpoint for the primary legal challenges mounted by Saskatchewan, Ontario, and Alberta, which had argued that the provinces should have the power to individually regulate greenhouse-gas emissions within their borders and to adopt their own strategies for meeting the challenges posed by climate change.
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NASA is undertaking a drilling project on the Moon—the first on any planetary body outside the Earth. The mission’s purpose, collecting subsurface soil and ice samples to search for water beneath the lunar surface, is being compared to collecting core samples on Earth and will use technologies, such as a rotary-percussive drill, that have been adapted from those for h…
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The market may be different from what we have previously experienced, but the path to a successful digital transformation is durable and the core principles of success have not changed.
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This paper outlines an approach to history matching that uses artificial intelligence with an artificial neural network and data-driven analytics. The approach has been used to mitigate history-matching challenges in a mature, highly geologically complex field offshore Malaysia.
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The authors use machine-learning methods combined with geomechanical, wellbore-trajectory, and completion data sets to develop models that predict which stages will experience difficulties during completion.
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The national oil company will not extend contracts with ExxonMobil, Total, and others on Qatargas 1 that expire next year.
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