Digital Startups Raise Hundreds of Millions to Modernize Upstream Sector
Producers and investors continue to reward small companies with big solutions that lean on new software and hardware to lift the bottom line of one the world’s few trillion-dollar industries.
16 January 2020
13 January 2020
14 January 2020
15 January 2020
Schlumberger, Halliburton Downsize Fracturing Services Amid Shale Sector’s “Biggest Test”
The two oilfield service leaders serve as critical bellwethers for the health of North America’s upstream sector, which is under pressure to consolidate and generate free cash flow.
Shale Producer Partners with Analytics Firm To Stop Overbilling and Fraud
Concho Resources and Enverus say turning to automated software for tracking invoices could save the upstream business many millions of dollars.
Satellite Service Provider Offers Free Visualization of Methane Emissions
GHGSat announced a new service for visualizing greenhouse gas emissions. The interactive online resource will be freely available and will be formally launched during COP26 in November.
Oilfield Construction Giant McDermott Files For Bankruptcy Protection
The firm has outlined a restructuring plan that will see it sell off subsidiaries and erase more than $4.6 billion in debt.
Report: BP Pulling Out of Iraq Field
The withdrawal comes at a time of increasing tension between the US and Iraq, which makes investment in the country riskier.
2020 Will Be Year of New Directions and Complex Choices for Oil and Gas Industry
Amid weakening confidence and volatile market conditions, greater efficiencies and decarbonization are at the center of the industry’s agenda.
Nine Months After Discovery, Eni Starts Offshore Angolan Oilfield
The Italian oil and gas company used a “fast track” model to get the first production well flowing from the Agogo field.
Eni, ADNOC Sign Carbon Capture Agreement
The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.
How To Overcome Casing Flotation Limitations To Access the Full Wellbore
Running casing to depth in long lateral sections is challenging, often costing operators a significant portion of pay zone at the toe of the well. This article highlights a technology that helped one operator add $120,000 to its incremental gas recovery.
An Unconventional Challenge: Can Casing Failures During Hydraulic Fracturing Be Stopped?
The shale sector is seeking answers to a complex issue involving casing deformations that block access to long sections of a lateral. As opposed to frac hits, this rising problem is considered to be an intrawell phenomena.
What’s the Difference Between Tier 1 and Tier 2? Not Much
The formula for value in a shale play used to be simple, lease acreage in the best quality rock based on Tiers cover large areas. That standard is fading as it has become obvious that the rock is highly variable and the drilling and completion designs are just as important.
Chief, Research and Development, Cenovus Energy
Mature Fields and Well Revitalization
Production decline with field maturing is a natural phenomenon, but the efforts to mitigate this decline are truly remarkable. Achieving this feat requires not only a deeper understanding of the subsurface process involved but also a total synergy between the various disciplines engaged.
Cofounder and Chief Scientist, Tachyus
Digital Data Acquisition
Welcome to the debut of the Digital Data Acquisition feature. The new feature comes from the desire of readers and reviewers to broaden the scope of JPT’s coverage of developments related to digital transformation and the applications that the industry can derive from these exciting possibilities.
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2020 SPE President
Strengthening the Feedstock of Incoming Talent for the Oil and Gas Industry
In my first column of the new year, I want to discuss my focus area of Strengthening the Feedstock of Incoming Talent because I believe that our industry needs a change in direction in order to succeed with this ambitious goal.
In Memoriam: 1993 SPE President Jacques Bosio
23 January 2020
Jacques Bosio, SPE’s first non-American President and a pioneer in horizontal drilling, died 14 Janu.......Read More
06 January 2020
Andrew Gould, former chairman and CEO of Schlumberger, was elected to Occidental’s board of director.......Read More
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