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Through the end of October, 38 rigs have been retired this year. Predicting future rig attrition is not an exact science, but certain metrics help identify those rigs.
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An ATCE presentation outlined how staged field development can help make smaller oil discoveries commercial alongside existing engineering solutions.
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A Norwegian shipping company is eyeing smaller battery energy storage systems to design and develop greener heavy-lift jackups.
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Modules for the FPSO will travel to Singapore for integration. The FPSO will be located offshore Mexico, with first oil production planned for 2021.
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In 2013, a technology-development project began that digitized, automated, and applied analytics to blowout preventer pressure testing. As a result of the deployment of automated BOP testing, significant improvements have been achieved in process safety, personal safety, and rig-time savings.
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A new study confirms the success of a natural-gas leak-detection tool pioneered by Los Alamos National Laboratory scientists that uses sensors and machine learning to locate leak points at oil and gas fields, promising new automatic, affordable sampling across a vast natural gas infrastructure.
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After a 3-year delay, the US has become the first nation in the world to formally withdraw from the Paris climate agreement.
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An ATCE session focused on subsea and offshore subsurface applications with much wider implications. The discussion included the electrification of both facilities and subsurface systems, as well as more-extensive deployment of sensing and flow control from the surface to the reservoir.
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As part of the agreement, Baker Hughes will accelerate the development of Compact Carbon Capture’s technology, aiming for global commercial deployment.
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With the acquisition of Schlumberger’s rod lift business, Lufkin gains several products, brands, and key proprietary software.
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Jumbo Maritime's heavy-lift crane vessel Fairplayer completed the work.
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Saudi Aramco’s papers on new well technology offer glimpses at the challenges of developing its unconventional gas resources.
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