Exclusives

A system looks to optimize value in directional drilling by minimizing deviation from planned wellbore trajectory, minimizing tortuosity and more.

E&P spending in North America is expected to lag behind international markets, where some regions could see double-digit spending growth.

renewable_energy_outlook_2019

Oil majors made significant renewable energy commitments in 2018, but what’s next for 2019?

A reliability-centered maintenance strategy built on asset data can help producers get ahead of failures, improve reliability and reduce risks.

2018 was a volatile year, in which crude and product prices rose but also whipsawed on evolving market concerns.

Deepwater International

According to WoodMac, its analysis of 2,222 oil fields suggests that if Brent crude falls to US $40/barrel, which is entirely possible, 1.6% of global oil supply could turn cash negative on an operating cost basis.

At PETEX 2014, Richard Herbert, COO, Exploration at BP, highlighted a number of global trends in exploration that he believes will be factors as energy demand continues on its ongoing growth curve.

Exploration

DNO had previously required the backing of 57.5% of Faroe shareholders for the takeover offer, but that fell to 50% after DNO lifted its stake in the U.K. company slightly on Jan. 3.

Medco confirmed this week that it was in talks with Ophir about a possible cash offer for the oil and gas exploration and production company currently based in Britain.

As 2018 closed with a flurry of good news, 2019 is set to deliver new discoveries and technologies to the oil and gas industry.

Check out the latest E&P activity highlights from around the world.

A collaborative best practice can be routinely deployed with huge returns.

Production

An enabling dialogue lists what a dissolving fracture plug brings to the market.

The same challenges the industry worked to solve decades ago are still the ones it faces today.

Stratas Advisors shares thoughts on this year’s exploration and development activity.

Oil surged on Dec. 26, erasing some of the steep losses that have taken crude benchmarks to lows not seen in 1-1/2 years on perceptions the price slide has gone too far, too fast.

Though the startup of Shell's Prelude FLNG later and cost more than originally estimated, it is expected to further cement Australia's lead as the world's biggest LNG exporter.

Technology

Intelligent applications capable of automatically generating new workflows for the subsurface will transform the industry.

Check out the latest new hires, promotions, appointments and other company news. 

Check out the latest technology innovations in the upstream oil and gas industry. 

A proven method forces injection fluids outside the path of least resistance through dispersion.

Providing risk visibility through an effective process safety program increases efficiencies.