The offshore oil and gas exploration sector is seeing a lot of changes—whether that be through proposed regulations, innovative solutions or possible new collaborations. Hart Energy's Chris Mathews was at the 2023 Offshore Technology Conference to ask people: What does the future of offshore oil and gas exploration look like? Here's what some had to say.
Marita Sandvoll, communications, BW Offshore Norway: I think it looks a lot like partnerships, kind of people coming together, finding new solutions to do better and to be able to progress the industry into a new direction that we haven't seen before. So it's exciting.
Josh Deshotels, vice president of operations, Proflow Solutions: It looks very positive going forward. I believe just with some of the new regulations that all the customers and all companies are handling right now, everybody's buying into it. So that's a great thing.
Stephanie Zoutenbier, well construction digital production manager and partner applications, Baker Hughes: So I think the biggest thing that really the future of oil and gas exploration is going to look like is a lot of kind of that digital focus and bringing, really, visibility across the operations as a whole. I think that part of the problem that's happened in the past has really been that there hasn't been this whole like, visibility across the entire service, again, as a whole. So I'm pretty excited about that because I'm starting to see bits and pieces of it around, especially here at OTC when you're starting to see digital coming in, collaborations coming in, a lot of this kind of openness and willing to share that's starting to go through so that we're getting rid of these silos that have been going on for a long time.
Stay on beat with all energy related events with The Pulse at hartenergy.com.
Recommended Reading
Seadrill Sells Three Jackups for $338MM to Gulf Drilling International
2024-05-17 - Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.
Could Crescent, SilverBow Buy More in South Texas After $2.1B Deal?
2024-05-17 - The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
Crescent Energy to Buy Eagle Ford’s SilverBow for $2.1 Billion
2024-05-16 - Crescent Energy’s acquisition of SilverBow Resources will create the second largest Eagle Ford Shale E&P with production of about 250,000 boe/d, the companies said.
Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture
2024-05-16 - Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.
Exclusive: Is TG Natural Resources Looking to Snap Up More?
2024-03-27 - At Hart Energy's DUG Gas+ Conference and Expo in Shreveport, Louisiana, TG Natural Resources' President and CEO Craig Jarchow said the integration of the Rockcliff Energy acquisition is well underway and that "being acquisitive is certainly" in the company's future.