SPE ATCE Competition Offers Funding Opportunity For Energy Startups

Velda Addison, Hart Energy

Participants will have a chance to win a piece of more than $75,000 in cash prizes.

US Uncompleted Well Backlog Hangs Over Oil Market

John Kemp, Reuters

Either the number of new wells drilled must slow or the completion rate must increase.

How Low Can You Go?

Rhonda Duey, Hart Energy

Low-frequency source could be the final piece in the subsalt imaging puzzle.

OPEC Oil Supply Is Lost In A Fog Of Data

John Kemp, Reuters

Exports, net of any imports, rather than crude production, are what matters for the world supply-demand balance and global oil inventories.

EIA: Fossil Fuels Dominate, But Renewables Gain Ground

Velda Addison, Hart Energy

A report released July 3 by the U.S. Energy Information Administration points out that fossil fuels still make up the bulk of the nation’s energy consumption—at more than 80%.

Is EOR Set For A Comeback?

Phoebe McMellon, Elsevier

EOR offers companies the best chance to maximize the productivity and profitability of their brownfield sites.

Need Funding Help? DOE Has Grants

Velda Addison, Hart Energy

The federal government is interested in helping fund efforts aimed at preventing offshore spills and leaks and boosting recovery from unconventional oil and gas wells.

OPEC Should Let Oil Prices Rebalance Market

The only rational strategy is to avoid trying to manage production and allow prices to adjust to rebalance the market.

No Need For Resuscitation

Rhonda Duey, Hart Energy

Recent events suggest the deepwater GoM is alive and well.

Saudi Arabia Eases Austerity Just As Oil Prices Decline

John Kemp, Reuters

The decision to pair the change in succession with a relaxation of austerity is not surprising, but there are questions about its affordability in the medium term.

‘Shall We Play A Game?’

Will the petroleum industry’s dreamers and schemers primed by science fiction embrace Big Data to fuel their future? The answer is most certainly ‘yes!’

The 5 Most Important Tools in the Oilfield

Star Service

Oilfield drilling is a complicated process that uses several pieces of equipment to guarantee proper cleaning, safety and extraction.