Permian Basin production could rise, but Gulf of Mexico production could fall, Rystad’s Artem Abramov said.

What will be the next big thing in the North American oil patch? Look to “some things old, something new.”

MPD system enables operator to save time and money.

The API gravity for extracted crude varies across states, the U.S. Energy Information Administration said.

Gulf of Mexico exploration

Operators managed to spud 78 deepwater exploration wells in 2016, while deepwater wells drilled had been cut by half.

CO2, Rick Perry, Greg Abbott, NRG, energy, Hilcorp, JX Nippon, carbon, EOR, capture, technology

The NRG Energy, JX Nippon and Hilcorp Energy project is capable of capturing more than 5,000 tons of CO2 per day, but the economics come down to oil prices.

Laredo Petroleum Foutch Oil Producer

At DUG Permian Basin, Laredo Petroleum CEO Randy Foutch acknowledged the challenges U.S. producers face, but said lower breakevens and more efficient technology have led to success.

Permian Basin, DUG Permian, Water, water management, Approach Resources, Matador Resources, drilling, recycling, fracking, infrastructure

Companies could save $90 billion through water management over the life of Permian Basin operations, according to industry executives at DUG Permian Basin.

DUG Permian, Noble Energy, Gary Willingham, laterals, proppant, oil, shale, Delaware, DJ, basin, gas, learn

Advanced subsurface modeling, extended laterals, pad drilling, optimized high-intensity completions and managed flowback are among the company’s focus areas.

Growing demand in Argentina’s central Pampas and Patagonia regions presents opportunities for investors as the country seeks to build three new gas pipelines.

North Africa Petroleum Exhibition and Conference, Algeria, oil, Sid-Ali Betata, Anadarko, Sonatrach

Technology and investment opportunities were among the topics discussed during the conference.

Scott Schmidt, Baker Hughes, TerrAdapt, drillbit, technology, Society of Petroleum Engineers, International Association of Drilling Contractors, oil, gas

E&P spoke with Scott Schmidt, vice president of drillbits for Baker Hughes, about the company's TerrAdapt adaptive drillbit.