TOPICS OF INTEREST
MANAGEMENT AND INFORMATION
Equinor’s Offshore Bonanza Continues
Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts.
The Big Unknowns for World’s Balancing Act of Supply and Demand
Prices are up, and so is production. But a new report from BP raises important questions as to how the biggest producers will respond to shifting dynamics.
AR Headsets Give Oil and Gas Sector the Quicker Fix
Wearable computers are turning heads in the oil and gas industry and appear to be on a trajectory for widespread adoption.
Saudi Aramco, Halliburton Sign Landmark Deal
Saudi Aramco is tapping Halliburton’s expertise in developing unconventional resources to increase domestic gas production, a pillar of its long-term strategy.
How ConocoPhillips Solved its Big Data Problem
Unconventional operators are finally beginning to use to their advantage the nearly endless stream of data they’ve collected over the years. ConocoPhillips explains how it has seen real improvements in its operations by removing data friction and opening up access across typical work silos.
DeepStar Accomplishments in Continued-Service Realm
Offshore operators must grapple with ways to keep aging floating facilities on station beyond their original design life.
Another View: People Strategies Need To Keep Up With Rapid Digitalization
The world is digitalizing all around us. Within the energy sector, the lower-price environment since 2014 has increased the pace of change and the scope of digital integration. But, are you bringing your people strategy along?
How is Industry Finding the Next Generation of New Technologies?
The process of finding, developing, and testing new technology can be as complicated as the technology itself—especially at a time when operators have little tolerance for risk.
Statoil, ABB Among Companies Pushing Integrated Operations Initiatives
Statoil’s integrated operations center on the Norwegian continental shelf is one of several initiatives operators and service companies have set in motion to improve condition monitoring and maximize production on their assets.
Zepeda Touts Mexican Upstream Industry’s ‘New Information Market,’ Constitutional Resiliency
CNH President Juan Carlos Zepeda discusses the role of information management in Mexican energy reform and what lies ahead for the monumental industry transformation in an election year.
Cybersecurity for Upstream Operations
Optimizing the design, function, and benefits of the logical cyber-representation of physical asset environments is an evolving trend for the oil and gas industry to gain operational efficiency.
Cyberattacks Pose Increasing Industry Threat
Cyberattacks are an increasing threat globally to businesses and organizations, very much including the oil and gas industry, with operating activity of all kinds exposed as well as information technology networks.
Operators Share Frac Schedules To Know When Wells Are at Risk
To reduce the risk of wells getting “frac hits,” Permian Basin operators around Midland created an information exchange to give them notice of nearby fracturing.
Unconventional Resources: A Typical Well Is Hard To Define
A type curve is a quick way to answer a critical question—what does a typical well produce over time in a given place?
Look out World, The US Is Again a Gas-Exporting Country
The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.
It’s Official: GE, Baker Hughes Complete Merger
The merger of industrial giant GE and oilfield services firm Baker Hughes closed on 3 July, creating the second-largest oil field services firm in the world.
Production Metrics To Predict Long-Term Performance of Unconventional Wells
In unconventional plays, comparing the effect of different completion designs or well-management strategies on well performance remains a challenge because of the relatively brief production history and lack of long-term field analogs of these plays.
US Crude Oil and Petroleum Products Exports Doubled Over Past 6 Years
The US Energy Information Agency reports that the country is seeing petroleum exports rise across the board and notes serveral drivers for this trend.
What Does It Mean When Your Technology Is an MVP?
For startups in the upstream sector, knowing how to navigate through a technology's Minimum Viable Product stage is critical, but not always straight forward.
Offshore Drilling Market: Recovery by 2020s?
An analyst from Rystad looks at the state of the offshore drilling market and the likelihood of recovery by 2021.
Want To Make Deepwater More Profitable? Shell Says Listen to the Facility Staff
One of the oldest deepwater platforms in the Gulf of Mexico has become a profit-leader for the oil major during this downturn and is now a model for the company’s other floating assets.
OTC: Private Equity Firms Have Billions But Remain Cautious
While the current oil prices may not generate the cash flow needed to pay for offshore projects using traditional financial options, private equity may be the best alternative for operators.
OTC 2017: Where to Find the Best Networking Opportunities and Emerging Technologies
Before you head to OTC 2017, make plans for the event’s best opportunities for professional networking and to learn about the array of new technologies pushing their way into the business.
PDC Optimistic About Wattenberg, Delaware Assets
PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin.
Halliburton’s Chief Data Scientist Speaks on Analytics Projects That Are Solving Big Problems
The oil and gas industry has a lot to gain from the adoption of big data analytics as recently highlighted examples from major service company Halliburton demonstrate.
Making Data Pay
There is talk about digital oil fields and big data and some striking examples of their power. But in real oil fields, a lot of operators are still running fields with systems relying on big paper.
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12 June 2018