The technique involves matching seismic simulations with existing seismic data to produce subsurface images that are of better quality, BP says.

Comstock Resources, rig, Haynesville, shale, drilling, fractures, oil, Louisiana

Monster fractures and M&A are boosting regional activity in the ArkLaTex.

Smith, bits, Schlumberger, drilling, technology, oil

Superior bit performance starts with innovative and dynamic cutting elements.

Venezuela, oil, economic, crisis, Maduro, election, PDVSA

As Venezuela’s crisis goes deeper, government and opposition leaders refuse to talk about real changes in the country’s oil legal framework, a Venezuelan analyst says.

Schlumberger, oil, reserves, exploration, spending, Paal Kibsgaard

The head of the world’s largest oilfield service company says the world could face a medium-term supply deficit given today’s reserves depletion rate and falling exploration spending.

Schlumberger, drilling, oilfield services, U.S., North America, Kibsgaard, technology, costs, Gulf of Mexico, Latin America

North America revenue grew by 6% to $1.9 billion, while international revenue dropped by 7% to about $4.9 billion compared with the previous quarter.

Geopolitical Environment, Energy Market

At DUG Permian Basin, Tom Petrie advised that the U.S. is poised to become a key driver of the oil supply equation.

iran, india, Farzad-B

The largest buyers of Iranian crude have decided to reduce imports from Tehran. What does the ongoing dispute mean for the global oil industry?

Qatar Petroleum North Field Moratorium

Aiming to maintain market share, Qatar Petroleum lifted its self-imposed moratorium on the world’s largest natural gas field after more than a decade.

New Administration’s Policies A Boon To Oil Industry

The Trump administration is likely to spur wide-ranging expansions, including pipeline additions, as oil production escalates.

CO2, Rick Perry, Greg Abbott, NRG, energy, Hilcorp, JX Nippon, carbon, EOR, capture, technology

The NRG Energy, JX Nippon and Hilcorp Energy project is capable of capturing more than 5,000 tons of CO2 per day, but the economics come down to oil prices.

NAFTA Renegotiation

President Trump wants to renegotiate NAFTA. We just don’t know how soon. Rest assured, companies that use NAFTA will have plenty of notice of what is intended to be renegotiated. Here’s why.

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