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LATEST NEWS
Oxy Advances Post-Merger Divestment Program
Occidental Petroleum has closed on deals totaling $1.7 billion as part of its divestment program following its $38-billion takeover of Anadarko Petroleum.
UT Study: Permian Seismic Activity Up Dramatically
New research links a rise in seismic activity in West Texas with increased oil and gas development over the past 20 years and, in particular, the past decade.
West Mira Semisubmersible Deploys Hybrid Power Plant
By using the four converter-battery systems, the operator estimates it will be able to reduce the runtime of the rig’s on-platform diesel engines by 42%, cutting CO2 emissions by 15% and NOx emissions by 12%.
Aker BP, Schlumberger, StimWell Establish Alliance To Boost Oil Production
Through collaboration, innovative technologies, and digitization, the newly formed alliance hopes to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian continental shelf.
Equinor Exits Eagle Ford JV
Spain’s Repsol will assume 100% interest in and operatorship of the joint venture as Equinor leaves the 9-year partnership.
Another Brazilian Auction Fails To Draw Bids from Majors
Chinese firms stepped in for the majors in Brazil’s two underwhelming offshore auctions.
Report Forecasts “Major Slowdown” in US Oil Output Growth
Lower oil prices, increased operator focus on capital discipline, and diminishing access to capital are choking off once-soaring US oil production growth.
OPEC Expects To Shrink Supplies Until US Shale Peaks
The 2019 World Oil Outlook projects tight-oil supplies to rise to at least 75% of total US production before retreating.
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MONTHLY FEATURES
Industry Continues To Make Progress on Carbon Capture
Rapid scale-up of carbon capture, use, and storage is essential for meeting climate and emissions targets while not crippling economic growth. Yet, its potential remains largely untapped because of reasons that include growing pains of immature technologies and uncertainty around public policy.
TECHNOLOGY FOCUS
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Badrul Mohamed JanAssociate Professor, University of Malaya |
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Stéphane MenandPresident, DrillScan US |
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Scott J. WilsonSenior Vice President, Ryder Scott |
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Galen DinoFacilities Engineering Manager, FLA Engineering |
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PRESIDENT'S COLUMN
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Shauna Noonan2020 SPE President |
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In Memoriam: Marvin Gearhart
01 October 2019
Marvin Gearhart, a pioneer in measurements-while-drilling (MWD) and loggingwhile-drilling (LWD) tech...
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