Exclusives

A post-run analysis of data collected in the drillbit during drilling leads to improved drilling in challenging applications.

One independent energy company sees capability and expertise as critical to fueling its onshore and offshore growth engines.

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

In onshore and offshore applications, the latest systems advance safety, wellbore communication and restimulation efforts.

In the Lower 48 Big 3—Eagle Ford, Bakken and Permian Basin—ConocoPhillips plans to grow production by about 19% this year.

Completion

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.

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The oilfield service company is using digital technologies such as the Internet of Things, cloud computing and advanced analytics in an effort to improve production efficiency in the oil patch.

A proppant silo system increases efficiency and storage capacity.

Study shows improvements might be needed in appraisal programs.

Drilling

Oil producer cartel OPEC and its partners will need to keep production lower than their agreed target through 2019 for benchmark Brent crude to come back to $70 a barrel (bbl), oil and gas consultancy Rystad Energy said.

E&P companies are quietly at work proving up the next generation of unconventional plays.

The next year will be another challenging time for offshore drillers due to continuing supply overhang even though prices are starting to improve, the CEO of rig firm Seadrill told Reuters on Nov. 27.

Drillers have been predicting an upturn for more than a year only to disappoint but debt ratings firm Moody’s Investors Services said last month that it believed 2018 could mark the low point for industry earnings.

Embracing digitalization can help operators maintain a competitive advantage.

Enhanced Oil Recovery

With the rapid growth of produced water and infrastructure constraints operators have to find new ways to tackle it.

Fourteen companies have expressed interest in oil and natural gas exploration and development contracts to be auctioned by Iraq on April 25, the oil ministry in Baghdad said on April 14.

Better chemical formulations and lower cost, advances in laboratory analysis and higher oil prices are making chemical EOR more economically viable.

The upstream industry driving is forward with new technology initiatives aimed at sustaining production levels.

Taking integration to the next level, model-based technologies aid in heavy oil production and maximize the potential of the digital oil field.

Field Development

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

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

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.

Following the closing the GoM JV with Petrobras, Murphy Oil also raised its full-year capex outlook and expects to use some of the cash flow to accelerate activity in the Eagle Ford.

Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, said asset manager BlackRock.