Monthly Features
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Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.
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Addressing the challenge of developing a mature basin with a data-driven approach to spacing and inventory decisions.
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From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.
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Monitoring on the ground is helping the industry shift from best estimates to hard data so it can bring the true emissions profile into focus.
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To overcome operational constraints tied to ball-and-seat valves, an operator tested a spring-loaded alternative downhole.
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Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
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Cyber threats have expanded beyond data breaches and the theft of intellectual property. Drilling and production assets are at risk of being disrupted or destroyed due to vulnerable control systems.
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As oil companies struggle with the collapse in crude prices and industry upheaval, assessing the future of exploration and production (E&P) in specific countries requires a longer term vision of a market in which prices will have stabilized and rebounded to a level yet undetermined.
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A pair of inventive companies are working on a way to allow microseismic tests to visualize the otherwise silent process of propping fractures.
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Second only to the power and utility sector, the oil and gas industry is experiencing a higher frequency of cyber attacks than any other industry. The vast majority of penetrations are in the information technology (IT) networks that run a company’s daily business.
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Predictions of a 2016 recovery in the exploration and production (E&P) sector became increasingly rare after 2015 ended with a thud as oil prices sank below USD 40/bbl.
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Developers of the latest generation of unconventional hydraulic fracturing models are hoping that current weak oil and gas prices will generate newfound interest in their software technology.
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Speakers at the recent SPE Asia Pacific Unconventional Resources Conference and Exhibition addressed the role of uncertainty and risk in sanctioning megaprojects.
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Plunging oil prices led to a drastic drop in drilling rigs working in most places in the world, with a notable exception. Baker Hughes’ widely watched weekly report on drilling rigs shows activity has remained steady in Saudi Arabia and the Middle East.
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Petroleum engineers have sophisticated, precise equations to help predict and control what flows out of wells. But when it comes to the number of trained engineers in the world, guesswork is required.
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Those who track drilling and fracturing equipment are apt to mention zombies. That is the living-dead machinery still counted as available to work, but more likely now to be used for spare parts or scrapped.
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