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LATEST NEWS
Oil Prices Float in a “Fragile Equilibrium”
Oil prices appear to have stabilized during the past year, and speakers at the annual Energy and the Economy Conference at the Dallas Federal Reserve Bank say they expect prices to remain level, at least for a little while.
Are You Smarter Than a Petroleum Engineering Major?
Here's a last call to prove your petroleum engineering knowledge! The second and last PetroBowl quiz offers five questions to test whether you are as smart as a petroleum engineering major.
So Many Wells, So Few Engineers—Scaling Production Engineering for all Those Shale Wells
Fast-declining, older, unconventional oil wells require artificial lift experts to deal with and explore a population of miles-long horizontal wells that do not follow the established rules of thumb.
BHGE To Buy Stake in ADNOC Drilling as Firms Form UAE Partnership
The union marks the first time an international company has taken a direct equity stake in one of ADNOC’s service companies. BHGE will expand its presence in UAE, while ADNOC will gain access to BHGE technological expertise and proprietary equipment.
Merger of Ensco and Rowan Jacks Up Their Market Share
The merger of Ensco and Rowan creates a company with growing cash flow from the biggest fleet of jackup rigs, and growth potential as deepwater drilling comes back.
Eni, BP To Team in Hopes of Boosting Libyan Oil and Gas Exploration
Eni plans to buy a portion of BP’s interest in Libya’s Ghadames and Sirt Basins in an effort to relaunch exploration activity there next year.
MONTHLY FEATURE
SPONSORED CONTENT
Video—Energy Future: Innovation is Key
SPONSORED
What does it take to succeed in the new energy ecosystem? In this short video, experts including Charles McConnell, former US Assistant Secretary of Energy and Preben Strøm, Managing Director Subsea Valley share their views on why innovation and collaboration are critical. Watch it now.
White Paper: Improving Wellsite Safety
SPONSORED
Innovations in wireless measurement technology can offer the prospect of improving wellsite safety and operational efficiency while reducing costs. This case study, prepared in conjunction with Baker Hughes, a GE company, discusses how.
TECHNOLOGY
Fracturing Wells in Pairs Creates Strong Links
Fracturing two or more wells at the same time creates connections. While fracturing fluids reach out further, those ties create a stronger link, though not forever.
An Artificial Intelligence Belief System Reduces Nonproductive Time
A new detection and alerting methodology, validated on more than 100 North America onshore wells, blends well information and real-time data to determine a probabilistic belief system. An operator used the system to detect, predict, and alert rig crews to washouts and pump failures.
Imagine Fracture Modeling Based on Actual Fractures
By measuring which tests best predicted the fractures observed at the Hydraulic Fracturing Test Site, Laredo Petroleum developed a method it hopes will improve fracture modeling in other places.
Real Fractured Rock Is So Complex It’s Time for New Fracturing Models
A close look at hundreds of feet of fractured core samples suggest that new fracture models are needed to simulate complicated reality.
NEW TECHNOLOGY MARKETPLACE
TECHNOLOGY FOCUS
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Maria A. CapelloExecutive Adviser, Kuwait Oil Company |
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PEOPLE
Bernt Sigve Aadnøy
05 October 2018
Bernt Sigve Aadnøy, SPE, was recognized as the Oil Professional of the Year by the SPE Stavanger Sec...
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Antonio (Tony) Fernandez
04 October 2018
Intrepid Financial Partners appointed Antonio (Tony) Fernandez, SPE, managing director of its acquis...
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Davor Saric
28 September 2018
Davor Saric was appointed technology director at Tendeka. He has more than 25 years’ experience in t...
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Nadir Rahmatullah
28 September 2018
Nadir Rahmatullah was appointed as the commercial and strategy director of Middle East and Caspian o...
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Robert J. McNally
05 September 2018
EQT’s current CFO, Robert J. McNally, will become president and CEO upon completion of the company’s...
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Derek Evans
05 September 2018
Derek Evans was appointed president and CEO at MEG Energy Corp. Evans succeeds interim CEO Harvey Do...
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