Monthly Features

Meet the group advancing digital technology adoption within one of the largest oil and gas producers in the US. Its aim is to cross-pollinate reservoir engineers with data scientists to create a 21st century workforce.

Petroleum industry professionals’ reported average compensation in 2018 shows an increase from this past year but is still lower than salaries before the oil price downturn that began in 2014.

The international major has been playing with intelligent programs for years, but this new deal shows that it is now ready to scale those efforts up to cover hundreds of thousands of pieces of equipment.

The 5-year-old software startup is getting noticed by the oil and gas industry for its ability to accelerate analytics projects by taking care of all the tedious work involved with data wrangling. 

Fast-declining, older, unconventional oil wells require artificial lift experts to deal with and explore a population of miles-long horizontal wells that do not follow the established rules of thumb.

Fracturing two or more wells at the same time creates connections. While fracturing fluids reach out further, those ties create a stronger link, though not forever.

The Powder River Basin has emerged over the past year as the latest source of oil production growth for the Lower 48. Companies ranging from a reborn Samson Resources to US onshore mainstays Devon, Chesapeake, and EOG are now betting on the basin to become a long-term core asset.

BP has invested more than $100 million into nine different startup companies in the past 2 years—but only one of them wants to turn your brain into a piece of its software.

2019 SPE President Sami Alnuaim will spend the next year forging new relationships to promote the industry’s role in addressing environmental issues.

Companies such as Google, Schlumberger, Shell, and Encana are working to turn the industry’s rat’s nest of data into a goldmine of insight, analysis, and technology.