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RIO DE JANERIO -- Oil production in fields operated by Petrobras, in both the Santos and the Campos basins pre-salt, reached the historical 700,000 bpd mark on Dec. 16, the company has reported. About 74% of this volume (523,000 bopd) corre ...
HOUSTON (Bloomberg) -- Cheniere Energy Inc. will drop the salary for the highest-paid U.S. executive to $1 after a shareholder revolt and lawsuit this year against his $142 million pay package. Cheniere, which is set to be the first company ...
LONDON (Bloomberg) -- The U.S. shale boom is connecting markets and changing the way oil and gas is bought and sold, according to BP Plc’s trading unit. Understanding one commodity in a region is no longer enough, Carol Howle, head of globa ...
The year 2014 has been a period of not only great profitability for the global upstream industry but also a time of considerable volatility.
Deeper, faster, safer, cheaper—the demands on drilling rigs are huge, unrelenting and, sometimes, even contradictory.
With oil prices softening, the pressure to get more out of each well, and longer life out of every bit, will only increase.
A 10-year production analysis suggests that the reuse of produced water in hydraulic fracturing results in better initial production, as well as longer-term equivalent output.
North American rig fleets expand, and more rigs are put to work, while the global, offshore mobile fleet continues to make gains with new units.
A world of innovative achievements—winners and finalists
This is the most comprehensive handbook in advanced drilling technology, guiding the petroleum engineer to mitigate risks, manage the reservoir effectively and recognize new opportunities.
This 2‐hour documentary is the most comprehensive video available about oil and gas drilling.
Taking safety to the next level
U.S.: 8.990 MMbpd (October 2014)
World: 91.83 MMbpd (October 2014)
New Delhi - January 11-14
Muscat - January 26-29
Bogota - January 28-29
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© 2014 World Oil. © 2014 Gulf Publishing Company.