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This paper presents a novel matrix to identify environmental and social elements relevant for the development of oil and gas projects. It also proposes a useful traffic light and multivariate analysis methods for the evaluation of these elements.
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What is to become the largest shale producer in the Permian Basin is stepping up its efforts to curb emissions and has shared new details in its annual sustainability report.
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A quarter of the oil and gas workforce now comes from Generation Z, which has raised important questions about whether companies and universities are doing enough to attract and retain this tech-savvy cohort.
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Skipping one traditional step in the supply chain might save oil and gas companies hundreds of millions of dollars a year while making a meaningful dent in emissions.
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Emerson has launched cloud-native software designed to find opportunities for field development through data mining and automation. The software, called SpeedWise Reservoir Opportunity, was developed in collaboration with Quantum Reservoir Impact.
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The first seminar looks at carbon capture, utilization, and storage as a way to achieve net-zero emissions. The second looks at the Methane Guiding Principles and its efforts to address methane throughout the natural gas supply chain.
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Price and demand pressures in the oil and gas sector make the potential value embedded in advanced connectivity for exploration and production more important than ever.
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Digital transformation offers opportunities beyond the technical goal of increased production. It may also enhance sustainability, the work/life balance, and the public’s perception of the industry.
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In the aftermath of the Deepwater Horizon oil spill, the oil and gas industry, regulators, and other stakeholders recognized the need for increased collaboration and data sharing to better identify safety risks and address them before an accident occurs.
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A presentation at the 2020 Offshore Technology Conference Asia described a study of unmanned aerial vehicles operated by off-site pilots based in remote control centers many miles from the facility.
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While the individual circumstances of upstream companies may vary, they all must take decisive action to pivot away from “business as usual” and instead, pursue new growth models.
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The UK offshore Lancaster field was to prove that complex basement formations could be profitably developed. Instead, it is a reminder of how a long-term production test can drastically alter a reservoir model built upon years of exploration work.
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