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Even though costs and market conditions are important for the development of the Vaca Muerta formation, regulation and trust in the fiscal and regulatory framework are fundamental to attract the required investments. And HSE rules are a key component in the regulatory framework. 

To go big on capturing CO2, the oilfield service company is acquiring a company that specializes in going small.

As it reaches for net-zero emissions, the company said its operations offshore Norway remain central to its long-term strategy.

Two contracts awarded for flowlines and wellheads at ADNOC’s Abu Dhabi oil fields are expected to be completed in 5 years. A third contract to develop a bypass system for its Jebel Dhanna and Fujairah terminals is expected to be completed in 30 months.

Dutch oil major Shell is looking to further develop its North Slope oil position in Alaska. The company’s offshore unit applied to form the West Harrison Bay Unit offshore from the National Petroleum Reserve–Alaska with plans for drilling and exploration.

Petrobras began negotiations with SBM Offshore to contract the floating production, storage, and offloading (FPSO) Almirante Tamandaré to be installed in the Búzios field in the Santos Basin.

Operators of unconventional plays face a conundrum—how to dispose of produced water economically without risking seismicity or aquifer contamination. A recent paper and virtual forum offer ideas for optimizing saltwater disposal.

Groups of wells communicate, interfere, and hit each other. It is an unruly scene that can offer benefits. Three stories look at why competing fracture networks can add to the production from rock that might otherwise be missed.

A recent datathon and the team that took home the grand prize help paint a picture of both the industry’s’ digital transformation and how oil and gas engineers are embracing it to navigate uncertain times.

Digitalization and automation successes are here to stay. Instead of making small incremental steps in well construction operations, allowing disruptive shifts can lead to tangible performance gains in efficiency, safety, and well integrity.

The challenge is immense, but the promise is, too. If the oil and gas business can scale up CO2 EOR, then it can play a very big role in mitigating climate change while offering carbon-negative fuels.

Competency in human factors is all too often focused on frontline operators, and the importance of human-factors skills among other groups is unappreciated. To be truly effective, human-factors principles have to be implemented throughout an organization.