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Rystad Energy estimates show demand will be at its lowest in April before moving back up again in May.
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Tubular steelmaker Vallourec is latest to join reductions in workforce.
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A technical synopsis of major considerations for unconventional wells facing prolonged shut-ins. The review includes deciding factors for kill fluid selection and risks of incompatible fluid mixing.
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There is often an assumption that big data, together with machine learning, will solve whatever problems asset-heavy industries such as oil and gas face. This is not the case; big data alone isn’t enough. We need something else to solve these problems, and the answer lies in the world of physics.
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As tight-oil producers move to curtail production, hard-to-answer questions are being raised about how shuttered wells will come back. The issue reveals key uncertainties about the delicate flow paths that define unconventional reservoirs.
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AltaML has announced a partnership with engineering and design firm Kleinfelder in which the two companies will pair 3D reality scans of facilities with artificial intelligence to look for potential problems and risks.
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Researchers with the National Center for Airborne Laser Mapping at the University of Houston are creating a set of algorithms that would allow users to more-precisely align data sets collected at different times and reliably estimate changes between images captured at different times.
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A 3-year study of air quality, soils, groundwater, and waterways found few to no effects as a result of hydraulic fracturing operations in Surat Basin coal seam formations.
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28 April is Workers’ Memorial Day, an international day of remembrance for the colleagues, family, and friends who have lost their lives while performing their jobs. It is also a day to take stock of where we stand on health and safety in the workplace.
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On 20 April, a historic drop of oil prices occurred. WTI futures contract dove into negative territory for the first time ever.
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The tank dome roof and secured marine perimeter come 8 months after the Calcasieu Project reached FID. It also comes less than a month after completing a successful string test of the refrigerant compression system.
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In partnership with TechnipFMC, DNV GL opened a pilot project for the international collaboration of operators and the supply chain. Many digital twins represent an asset’s initial form and struggle to reflect developments in their physical counterparts as the asset matures.
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