Opinion: Biting the hand that feeds you - Virtue signaling against oil & gas

Apparel manufacturer The North Face is inviting scorn and maybe a little coal in their petroleum-based stockings this Christmas, writes Jason Modglin, President of the Texas Alliance of Energy Producers.
Greenpeace can’t stop Arctic drilling, says Norway’s supreme court

The Nordic government beat back a lawsuit by environmental groups in the country’s Supreme Court, which ruled on Tuesday the authorities had acted lawfully by awarding exploration licenses in the Barents Sea to companies including Equinor ASA, Aker BP ASA and Lundin Petroleum AB.
Oil prices dive as mutating virus chokes international travel

More than 16 million Britons are now required to stay at home after a full lockdown came into force in London and the southeast of England. Some European countries are limiting travel with the UK and France halted freight movements to England for 48 hours.
Diamondback to buy QEP Resources in $2.2 billion all-stock deal

Diamondback Energy and QEP Resources have entered into a definitive agreement under which Diamondback will acquire QEP in an all-stock transaction valued at approximately $2.2 billion, including QEP’s net debt of $1.6 billion as of September 30, 2020.
All carrot, no stick: Biden seeks negotiations with Venezuela’s Maduro and his allies

The Biden administration signaled an intent to push for free and fair elections in Venezuela, offering sanctions relief in return. Maduro’s foreign backers, including Russia, China and Iran, are expected to play a role, as will Cuba, which is keen to improve relations with the U.S.
Yes, Joe Biden really does want to end the oil and gas industry in America

The Biden energy plan has dire consequences for our industry and the entire American economy.

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Featured Articles ///

Integrated diagnostics data advance infill development

World Oil / December 2020

Zachary Crowley, Mike Davies, Erica Coenen, Reveal Energy Services

Large-scale data accumulation is becoming more common in shale development. However, the industry struggles with a data dilemma. On the one hand, operators know that they have to gather data to learn and improve. On the other hand, the learning and analysis require so much manpower that often the collected data are left unexplored.

Advanced, process-based geomechanical modeling reduces risk in layered salt basins

World Oil / December 2020

Rajesh Goteti, Aramco Americas

Unique geomechanical modeling technique mitigates geological and drilling-related risk in basins with layered evaporite sequences, which are not amenable to traditional structural analysis methods.

Advances in seal technology drive down operating costs for chemical injection

World Oil / November 2020

Terry Moffat, Curtis Jabusch, Sirius Controls Inc.

Modern sealing technologies can reduce maintenance on chemical injection pumps. A case study of over 10,000 pumps shows that new, technically advanced seals outperform traditional packing seals by an order of magnitude.

Troublesome or trustworthy—how to ensure digital twins truly deliver value

World Oil / November 2020

Kjell Eriksson, DNV GL

Operators require proof that digital twins can be trusted and will deliver value over time. Two companies have partnered to develop a methodology for qualifying the quality and integrity of the technology.

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Drilling Advances

Jim Redden

The blunt truth

What's new in production

Willard C. (Bill) Capdevielle, P.E.

It’s hard to fool Mother Nature….but not impossible!

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Connecting marketers to the World Oil audience What is this?

World Oil TechTalk allows marketers to connect directly with the World Oil audience by enabling them to create content and participate in the conversation on the World Oil website. Each TechTalk article is produced by the marketer. For more information on TechTalk packages, click here.

Making the case for the DNP3 Protocol in upstream oil & gas

Anyone who has worked in automation knows that one of the most time-consuming and unpredictable aspects of deploying a system is working with a plethora of equipment from multiple vendors, many times with varying protocols and standards. Historically, the upstream oil and gas industry has used a range of proprietary protocols and ‘standard’ Modbus.

Maximizing scheduling effectiveness for all disciplines across the entire E&P organization

After many years of organic growth, and a series of acquisitions, a leading US E&P company was confronted with the harsh reality that their efficiency and revenues were being negatively impacted, because as they had grown so did their number of well delivery scheduling methods. Based on its data model, visualization capabilities, ease of integration, ability to run multiple scenarios and compare analytics plus more, the Company selected Actenum’s scheduling software, Actenum DSO/Upstream.

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U.S. Rotary Drilling Rigs

International Rotary Drilling Rigs

^{Data courtesy of Baker Hughes.}

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After two years of co-development with OpenField Technology, a startup specializing in micro-sensors, Vallourec is launching its Intelligent Pipe technology, a highly performing solution for well monitoring. Simple and easy to use, it will become your eyes inside the well.