Experience from previous downturns and periods of low oil prices implied that oil and gas companies would rein in capital expenditure during 2009. The truth, however, is that many companies are investing today to avoid having to catch up when the upturn materializes.
James T. Hackett, chairman, president, and chief executive officer of Anadarko Petroleum Corp., discusses energy policy and the role of natural gas as well as the company’s plans for international E&P.
China is one of the biggest contributors to world energy demand growth, and even though that growth rate has slowed in the wake of the global recession, analysts continue to see China as one of the key figures.
Whether it’s new sources, new acquisition techniques, or new processing algorithms, advances in geophysical technology continue to test the limits.
A recent survey indicates that the geophysical contracting industry is still a tough place to make a living.
Combining casing drilling with underbalanced operations adds efficiency while maximizing borehole quality and safety.
An aqueous-based consolidation system aids in maintaining production rates in fracture-stimulated wells.
Advances in mooring techniques are simplifying floatover installations.
Economical and ecologically benign technology has stimulated production increases from flowing and pump-assisted wells.
A new application of a proven technology opens the door to increased production.