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West Africa has seen a significant shift in drilling activity, mainly in deep water. Many of the major international operators are carrying out important ­exploration-and-development activities there.

Nearly 350 people gathered at the Omni Interlocken Resort outside of Denver for the 2015 SPE E&P Health, Safety, Security, and Environmental Conference—Americas. The conference carried the theme “Striving for HSE Excellence—It Takes All of Us.”

In recent years, projects in upstream oil and gas have become more complex, remotely located, and, therefore, costly and difficult to deliver.

After acquiring Berry Petroleum in 2013, Linn Energy became the operator of heavy oil fields in California’s San Joaquin Valley.

Managing the business amid the downturn in the price of oil and overcoming the challenges facing the industry topped discussions during the 19th annual Middle East Oil & Gas Show and Conference (MEOS), held in Manama, Bahrain, in March.

Douglas-Westwood’s quarterly World Oilfield Services Market Forecast and World Oilfield Equipment Market Forecast continue to suggest that 2016 marks the start of a barren period for the global oilfield services and oilfield equipment sectors, with onshore looking more positive than offshore.

There is talk about digital oil fields and big data and some striking examples of their power. But in real oil fields, a lot of operators are still running fields with systems relying on big paper.

Early engineers of the 19th century were rock stars of their times, much like famous dot-com entrepreneurs of our times.

Case studies from around the world prove that big rewards await companies that optimize the artificial lift systems keeping their mature fields alive. The success stories involve a mix of monitoring, automation, and performance tracking.

Getting through this latest downturn in oil prices will require a balancing act between short-term measures to reduce costs while maintaining a long-term perspective on growth in the industry.