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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With the Bakken production rate surpassing an average of 1 million BOPD, the issue of crude transport by rail and its regulation has moved to the forefront.
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With events such as the BP Macondo blowout in the US Gulf of Mexico (2010) and the Pemex Ayatsil-C platform accident (June), the safety risks inherent in oil and gas projects are evident.
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A few weeks ago, I noticed that someone had viewed my LinkedIn profile. We all have had this happen, and often it will be recruiters or business development professionals looking for contacts, or people who wish to remain anonymous for some reason.
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The factors contributing to out-of-control costs and delayed deliveries of projects are many. They range from unrealistic early cost and time estimates and human factors to the effects of geopolitical events.
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Last year, lawmakers in the United States sent a blunt message to the oil business: If it wants new exploration and production technology, it will need to pick up more of the cost.
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Saudi Aramco is on a mission to increase the amount of seismic data that it collects by fourfold, while reducing costs and acquisition time by half of what it spends today.
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Booming US oil production is beginning to seep into international markets despite the country’s ban on oil exports. One sign of change was the departure in late July of a tanker from Texas City, Texas, with 400,000 bbl of liquid hydrocarbons bound for Asia, Reuters reported.
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Running a shale exploration and production operation requires a sharp focus on costs, but not all are measured the same.
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This paper presents a statistical analysis approach to weather windows of opportunity, which are defined as the time span over which the stringent, multiparametric conditions required by weather-sensitive marine operations (such as heavy lift, topside float over, and pipeline tie in) are met.
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A destructive run of three hurricanes has been a catalyst for a flurry of innovations in decommissioning shallow-water wells in the US Gulf of Mexico.