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.
-
As an example of an open system, the oil and gas market is a function of several external forces. Free market supply and demand may not yield a sustainable equilibrium price, but the deferral of capital projects will result in a lack of global supply in just a few years. -
The renewable energy sector is showing strong global growth, especially wind and solar power, but oil shows no sign of losing market share in the global energy mix.
-
Baker Hughes is developing a drill bit capable of auto-adjusting its depth-of-cut feature to handle dynamic drilling conditions.
-
With Iran re-entering the global oil market, this article looks at the state of Iran's oil industry, the condition of its fields, its use of technology, and its present and future production potential.
-
A panel discussion at the 2016 OTC in Houston focused on the factors that influence deepwater developments, the scenario for the future, and the opportunities available within the industry. One key question asked was: What oil price is required to keep deepwater viable over the long term?
-
Representatives from various national oil companies, multinational operators, service companies, and fabricators discuss the roles individual countries in the Asia Pacific region will play in the global oil market and the overall development of the region.
-
Industry's finest minds are expected to come together for an idea summit during the upcoming SPE Intelligent Energy International Conference and Exhibition in Aberdeen.
-
Low prices require doing things differently. It is a hopeful sign for the future for innovators who have been struggling to keep going and have potential customers with little to spend and a lot to worry about.
-
The upstream industry is undergoing a transformation. Operators and service providers alike are not just tweaking or fine-tuning, they are completely rethinking the way they work.
-
To survive in the current low-price environment, exploration and production (E&P) companies must better handle the complexities inherent in their projects through practices that promote capital effectiveness and collaboration.
