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Bonanza Creek plans to buy HighPoint Resources and said it hopes to maintain an output of 50,000 BOE/D by focusing only on drilled-but-uncompleted wells in the near term.

New guidelines from the European Union Agency for Cybersecurity recommend that all stages of the IoT device lifecycle need to be considered to help ensure devices are secure.

The agreement signed by Schlumberger, AIQ, and Group 42 is designed to develop and commercialize artificial intelligence for global exploration and production.

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.

An ATCE presentation outlined how staged field development can help make smaller oil discoveries commercial alongside existing engineering solutions.

A Norwegian shipping company is eyeing smaller battery energy storage systems to design and develop greener heavy-lift jackups.

Modules for the FPSO will travel to Singapore for integration. The FPSO will be located offshore Mexico, with first oil production planned for 2021.

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.

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.

After a 3-year delay, the US has become the first nation in the world to formally withdraw from the Paris climate agreement.

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.

As part of the agreement, Baker Hughes will accelerate the development of Compact Carbon Capture’s technology, aiming for global commercial deployment.