Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
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The growing popularity of model-based optimization work flows has resulted in an increase in their application to field cases. -
The complete paper discusses a study in which the authors propose a joint field-development and well-control-optimization work flow using high-performance parallel simulation and commercial cloud computing.
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The complete paper describes a physics-based model of interference and a sensitivity study to propose guidelines for well spacing and a drilling timeline for multiple horizontal wells in the Vaca Muerta shale.
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Technology is an enabler. But why do some technologies get deployed while other seemingly superior technologies struggle to get traction?
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After the oil price downturn, operators placed renewed emphasis on spending discipline, in drilling, project costs, and balance sheets. For some, that was a different metric: return to shareholders over production growth.
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Colombia is walking a thin line between becoming another fading petroleum province and Latin America’s next big success story. Its aces in the hole: unleashing its nascent offshore and unconventional sectors.
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Australia's largest independent has commissioned production from its $1.9 billion offshore project. Greater Enfield is expected to produce 41 MMboe for Woodside, contributing to its targeted annual production of 100 MMboe next year.
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Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.
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The entrepreneurial ecosystem and the oil and gas industry are not a perfect match, but the industry has made strides in recent years to attract the startups developing innovative technologies that could usher it into a new era. How are companies bridging the gap?
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As companies have focused on giant capital investments onshore and offshore to drive growth, they have often focused less on field operations, especially OPEX. This represents an enormous opportunity to address profit squeeze by improving overall cost efficiency in oil and gas projects.
