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The Texas A&M University team’s 8-ft maroon-colored drilling machine started lowering its bit to the surface of the test rock.

In June, Mexico’s national oil company Pemex announced its largest discoveries of oil and gas in 5 years. Located in the shallow-water basin of the Gulf of Mexico offshore Tabasco and Campeche, the four new fields are estimated to hold 350 million bbl of oil.

Europe’s largest onshore oil field, the Patos-Marinza in southern Albania, has been given a new lease on life after seeing production soar from 600 B/D just over a decade ago to more than 20,000 B/D this year.

This is the teaser.

The oil market continues to wind itself through a period of oversupply and battles over global market share, with no short-term solution apparently in sight.

The drillstem test (DST) is one of the oldest methods used to test a formation’s capability to produce hydrocarbons.

Created by the Institute for Energy Technology in Norway in 1979, Olga was the oil and gas industry’s first transient multiphase flow model. A source of national pride, the program has been declared one of the country’s most important innovations in recent decades.

Concerns about the usage of water and chemicals and the environmental effect of large numbers of wells signaled the need for new thinking to address these concerns.

The operator of an offshore jackup rig in the North Sea required safe and efficient deployment of the completion string without killing the well during tripping.

In the realm of enabling technologies, multiphase flow modeling has proven to be one of the most important to the oil and gas industry. Without it, nearly all subsea wells would be too costly or dangerous to develop.