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The industry’s continued migration into deeper, hotter, and more unconventional oil and gas reservoirs carries the potential for significant financial rewards and major economic risks.

Low oil prices have taken a huge toll on exploration and production (E&P) activity, and the decline could lead to production shortfalls in the future.

The annual OTC awards program recognizes 15 innovative technologies and showcases the latest advances in offshore exploration and production.

We must deliver the affordable energy that society expects of us, and we must deliver it reliably, safely, and with flawless performance. Quality is not a luxury; it is essential.

Looking after the human factors in daily operations is good business because it increases employee safety and improves work performance.

The volatility of oil prices facing companies will be among the challenges addressed at the conference. A new event called d5 aims to spark creativity and innovation in the industry.

Without serious climate policy restrictions, the use of cheaper oil will likely grow and extend its life expectancy throughout the global energy system.

Iraq is producing oil at record levels this year but low oil prices have cast doubts on the economic feasibility of its licensing contracts, which some analysts and policy advisers say are holding back higher output.

For the past several years, automated drilling has promised to deliver major improvements in drilling performance. But the technology is facing new obstacles that might affect its progress and commercialization.

Iran has surprised many global market experts with how rapidly it has increased crude oil production, following the January international agreement that lifted nuclear-related sanctions against the country. External companies get a look at new terms for production in Iran.