Contracts refine focus on risk, particularly for high-cost deepwater projects.
Unconventional resource development could revitalize the US economy.
Once the land grab is over, operators should turn to seismic data to understand their valuable acreage.
No longer constrained to drillpipe-handling, automation is poised to pervade every facet of well construction and production.
The use of real-time information is growing and evolving at a rapid pace, and there is a growing industry shift toward using this data as an active part of the drilling process to improve performance.
As India, an emerging market economy and newly industrialized country, comes of age in the next few decades, more “elephants” will be required to support its rapid development.
All may be quiet on the dry gas front, but recent results from the Fayetteville’s first mover show that this shale gas play is still paying dividends and has growth potential to boot.
Operators below the rich-gas line are not crying over dry Eagle Ford shale gas. Instead, they are counting silver linings behind other opportunistic pay zones.
A small company has big ideas when it comes to chasing the Eagle Ford shale into Louisiana.
Deepwater spend trends grow stronger, but the shallows still rule the waves for now.
False pessimistic predictions regarding the future of oil production have been around since the mid-1850s. Though reserves numbers continue to grow, the hue and cry of ‘Peak Oil’ continues to entangle government agencies, geologists, and moneymen.
Effective software backup prevents downtime.
The ability to combine operations experience and engineering solutions in a way that brings technology, proven processes, and the management skills that deliver the right people behavior can provide operators with solutions that span the design phase of a project through asset decommissioning.
Improvements in equipment reliability and longevity and workforce productivity allow more revenue to trickle down to the bottom line.
The advent of new technology in 2011 brings about a positive outlook for 2012.
In their quest to find hydrocarbons, explorers pulled out all the stops in 2011.
Oil and gas production is pushing the envelope both technically and geographically.
Preventing control systems software-related root causes from being overlooked or misdiagnosed streamlines operations.