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According to a World Economic Forum report, digital transformation in the oil and gas industry could unlock approximately $1.6 trillion of value for the industry, its customers, and wider society while creating around $1 trillion of value for oil and gas firms.
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The combined company will move forward as Expro Group and maintain an operational headquarters in Houston.
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The deal adds acreage in North Dakota’s Williston Basin.
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Increasing downhole pressures were the culprit, rig will be released as planned.
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The confluence of a pandemic, a price war, and extreme weather sent the US production engine into reverse last year, marking the largest annual drop in output on record. New figures on the decline come as the market senses higher oil prices coming.
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If approved, Vineyard Wind 1 would be the first commercial-scale offshore wind project in the US.
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Politically powerful natural gas production and transportation companies, along with their regulators, appear so far to have escaped the wrath of the governor and the Legislature in the aftermath of the Texas power outages.
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The Projects and Facilities Advisory Committee proposes a green paper that will investigate the future state of production, operations, facility design, and construction or decommissioning operations in the decade from 2025 to 2035.
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Contractor renews incident-response partnership for 2 additional years.
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At least a dozen satellites are being built to orbit the Earth in search of methane leaks. They will be measuring methane flows, and some will be able to identify the source down to the facility level.
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The rig will drill an extended-reach well in the P9 Horizon field.
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Oil major boosts its initial offer for transmission assets.
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