Asset Management
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
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When the drilling crew arrives for the morning meeting, the computer will have generated its daily operations report. -
The goal is to support the development and sharing of best-practice approaches for project delivery and asset operations using cloud services and digital workflows in engineering and operations.
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Prices are up, and so is production. But a new report from BP raises important questions as to how the biggest producers will respond to shifting dynamics.
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A report from IHS Markit forecasts continued strong production growth in the Permian over the next 5 years despite the well-documented challenges that have recently emerged in the basin.
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The hollow hook will weigh close to 1000 kg and have a safe working load of 325 metric tons.
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As part of a revised strategic plan, the Spanish company says it will invest more than $9 billion on its overall operations by 2020, with much of it going to its upstream business unit.
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Equinor and ExxonMobil continued their aggressive pursuit of acreage offshore Brazil, collecting more blocks in the country's 4th pre-salt bid round.
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Seeking out, experimenting with, and ultimately embracing technologies from other industries have proven crucial to innovating at oilfield service firms such as Halliburton, which has tried everything from dog food to submarine tech to improve its work downhole.
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Cost containment, digital technology’s impact on the industry, and cautious optimism permeated discussion and technical and panel sessions during last month’s Offshore Technology Conference (OTC).
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Oil and gas entrepreneurs need more than just a brilliant idea to attract investment, and investors have to offer more than just money.
