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The Swedish operator is using a $35-million tree-planting initiative to offset the estimated 98,000 BOED it produces from the Edvard Grieg field about 111 miles offshore Stavanger.
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Smaller and independent upstream companies often have limited resources for data management. Nonetheless, their data are valuable and must be managed for that value to be realized. Geologists may just be in the perfect position to do the job, if they can get the training.
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The market may be different from what we have previously experienced, but the path to a successful digital transformation is durable and the core principles of success have not changed.
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Geothermal energy is arguably the most renewable and abundant form of energy on the planet. So why is it that less than 1% of the world is currently powered by geothermal energy?
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The grant provides students with access to leading E&P software and mentoring opportunities to engage and prepare them for future careers.
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A quarter of the oil and gas workforce now comes from Generation Z, which has raised important questions about whether companies and universities are doing enough to attract and retain this tech-savvy cohort.
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Highly deviated wells are frequently drilled for oil and gas production, but the Utah FORGE team is set to tackle this challenge while drilling a geothermal well in hot, hard crystalline granite.
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With much of the workforce cooped up at home for 8 months or so, tech skills are now a virtual necessity. Many of us have had to get increasingly tech-savvy in a hurry.
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Most petroleum engineers understand that engineering calculations involve the properties of fluids. “Fluid” is a term used to describe gases and liquids. An equation of state is nothing more than a fluid model.
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In this Milken Institute podcast, Chevron CEO Mike Wirth talks about the company's mission, culture, and how it is adapting to the current COVID-19 pandemic and downturn.
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