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Natural-gas production in the United States has increased 46% since 2006, but there has been no significant increase of total US methane emissions and only a modest increase from oil and gas activity, according to a new NOAA study.
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If the benchmark oil price is $10/bbl higher than the breakeven price for production that means companies are making good money, right? Maybe, but it’s hard to know what goes into a breakeven price.
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Appomattox begins production below cost and ahead of schedule in another optimistic sign of the offshore sector’s rebound.
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The decision may alleviate some of the pressures oil and gas producers faced in the wake of their imposition last year. Canada and Mexico made up a combined 20% of US imports of oil country tubular goods in 2017.
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Studies conducted through collaboration between an operator that knows the physical reality and a data-science company that knows the best machine-learning methods yield good practical results.
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Buildings that are manned or house critical equipment ideally will be a safe distance from potential explosions. Maintaining the required stand-off distance, however, is not always possible. This paper discusses challenges and best practices for blast protection of plant buildings.
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Range Resources announced the release of its Corporate Sustainability Report, highlighting the company’s efforts and commitments to responsibly develop natural gas.
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DOF Subsea has secured two contracts in Brazil. The first contract has been awarded by Sapura Energy do Brasil for a riser and umbilical installation on a floating storage and regasification unit, which will be used to supply national gas to a power plant owned by CELSE (Centrais Elétricas de Sergipe). This project will last for 20 days beginning in the last week of M…
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The deal with project developer Sempra includes Saudi Aramco netting 5 mtpa of LNG offtake and a 25% equity stake in Phase 1 of the export terminal, which may reach FID later this year.
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Arundo Analytics has built an integrated industrial Internet of things platform that allows data scientists to productize data-science solutions and accelerate feedback/improvement iterations between end-users and data scientists effectively.
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After suffering major setbacks, Chevron’s massive Big Foot project finally achieved first oil last November in the US Gulf of Mexico. With the setbacks in the rear-view mirror, project personnel spoke about the challenges.
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Petrobras says it can produce oil for a lower break-even price than onshore shale plays, including the Permian Basin. Brazil’s offshore sector has cut the cost of deepwater production but comparisons based on break-even prices are slippery.
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