Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
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A sudden surge in job openings in the Bakken, especially for hydraulic fracturing and completion crews and CDL drivers, is taking place as companies ramp up to put more wells on line in the first half of 2017. -
PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin.
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Completed 11 months ahead of schedule, BP’s Thunder Horse South Expansion project furthers the company’s deep water agenda.
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The CEO of Phillips 66 expects the DAPL to be operational in 2Q 2017.
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As drilling activity rises, the demand for all that is needed to complete wells rises even faster. The wells are bigger, and more water and sand are used for each foot stimulated.
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Due to the continued pressure from weak utilization of existing operating fleet and supply overhang of newbuilds, Keppel is cutting its yard capacity. The company is however seeking opportunities in niche and new markets.
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Tyer Wind in Tunisia developed a wind turbine that mimics the flapping motion of hummingbirds' wings. Rated power output is 1 kW, using two carbon-fiber wings, each 5.25-ft long. At rated power, it operates at 450 rpm. The machine is currently undergoing open air/real conditions testing.
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Fossil fuels will probably be at the forefront of energy and environmental policy under the new Trump Administration, says Charles D. McConnell, executive director of Rice University’s Energy and Environment Initiative, at a talk hosted by the Norwegian Consulate General in Houston.
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The new Juniper offshore platform began its journey toward Trinidad to be installed as BP Trinidad and Tobago LLC’s 14th offshore installation. Juniper will have a production capacity of approximately 590 MMscf/D.
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Scientists have developed oxidized carbon particles that extract radioactive metals, such as cesium and strontium, from water. They said the materials may help purify contaminated waters stored after the Fukushima nuclear power plant accident and also can trap common radioactive elements found in waterfloods from oil extraction, such as uranium, thorium, and radium,
