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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In this paper, the authors describe a model that uses augmented artificial intelligence to optimize well spacing by use of data sculpting, domain and feature engineering, and machine learning. -
Gas flows from Shell’s first greenfield project in Trinidad and Tobago.
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A well-pattern-design work flow proved able to identify substantially better patterns than the traditional approach for a giant mature field.
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Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.
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Country ceases hydrocarbon licensing to focus on greener forms of energy production
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The project’s new wellhead platform will be powered by a renewable energy system.
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The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
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Contractor, operators will work to bring thermoplastic composite pipe (TCP) flowline and riser technology to market.
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The contracts will cover concept and other project engineering services for at least the next 5 years.
