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‘Onshore drilling just has better economics currently [and] cycle times also play a key role in offshore projects versus onshore drilling,’ said Sarp Ozkan, DrillingInfo’s director of energy analysis.
Machine learning and AI are enabling the discovery of new solutions to help make the petroleum industry safer and more competitive.
With the rapid growth of produced water and infrastructure constraints operators have to find new ways to tackle it.
Greater adoption and effective use of enhanced digitalization in the rig inspection and audit market are delivering benefits and reducing risk.
Models and downhole sensors help measure the debris removal effectiveness of the instrumented wireline intervention service.
The use of a QRA helps improve risk-related decision-making.
Operating oil and gas sites at a distance is attractive for producers due to the potential safety and cost benefits.
As the subsea industry continues to evolve to help meet the demands of oilfield operators, there is a great need for innovative sealing technology.
Technology manages solids production in artificial lift wells.
Continuous modeling software advances create new opportunities.
A new algorithm targets optimal gas injection rates.
A recent report suggested companies are shifting their focus to gas projects.