Asset Management
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
The Norwegian operators will collaborate on technology development, standardization, and well-stimulation solutions aimed at making tight oil and gas resources commercially viable in the NCS.
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Another technology developer is trying to convince oil companies that they really do need more power and downhole data while drilling. -
The combined company will move forward as Expro Group and maintain an operational headquarters in Houston.
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The deal adds acreage in North Dakota’s Williston Basin.
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Increasing downhole pressures were the culprit, rig will be released as planned.
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The confluence of a pandemic, a price war, and extreme weather sent the US production engine into reverse last year, marking the largest annual drop in output on record. New figures on the decline come as the market senses higher oil prices coming.
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Politically powerful natural gas production and transportation companies, along with their regulators, appear so far to have escaped the wrath of the governor and the Legislature in the aftermath of the Texas power outages.
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Oil major boosts its initial offer for transmission assets.
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Saudi Arabia will keep its voluntary 1 million-barrel cut intact while Russia allowed a small production increase.
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New Testing Facility Built To Prove Whether Natural-Gas Foam Is Shale Sector's Next Fracturing FluidA 6-year R&D project concludes with the completion of a technology kit designed to study how combining highly pressurized natural gas and water could be a holistic alternative to traditional hydraulic fracturing.
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ConocoPhillips, Pioneer view Exxon, Chevron as prime movers to bring investment back into the play.
