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Horizontal drilling was an overnight success 85 years in the making.
It’s something everybody in the market says they want, but they all have different ideas of what it means and how to get there.
Despite a general lack of seismic in shale wells, it can have a profound effect on productivity.
Proved oil reserves increased by 6.4 billion barrels (19.5%) in 2017 compared with the previous year, according to the U.S. Energy Information Administration.
A first-of-its-kind cloud-based platform facilitates 24/7 access to offshore well construction and activities.
The plan calls for construction of turbines 27 miles off the coast with operation set to begin by year-end 2020.
Ensuring the wildcatter spirit lives on in the next generation requires an ‘all of the above’ approach.
The report outlined an energy future where natural gas overtakes coal by 2030 to become the world’s second-largest energy source.
The debate continues over well interference as the industry moves toward full field development.
The oil market is strongly cyclical, and although no two cycles are the same, they often show similar characteristics.
Crude and condensates output hit a record 11.35 million barrels per day in August, up from 10.93 MMbbl/d in July, according to the U.S. Energy Information Administration.
Once again the majors are abandoning the GoM for greener pastures. Can it rise again?