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The company plans to drill near existing infrastructure as well as chase new growth opportunities that could become stand-alone developments if there is exploration success.
The head of the world’s largest oilfield service company believes market conditions will improve this year after a rough start.
Experts share their thoughts on the digital transformation underway in the oil and gas industry.
Although offshore well spending growth is expected to fall again this year in some analysts’ views, the sector could see better times in the coming years.
Natural gas prices have surged forward since Jan. 13 in the biggest gain since November and Stratas Advisors expect cold weather to offer positive pressure to price activity for the week ahead.
A system looks to optimize value in directional drilling by minimizing deviation from planned wellbore trajectory, minimizing tortuosity and more.
The project involves determining which parameters and information are vital for FPSO integrity assessment to define a standard for data acquisition and treatment at fields.
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