Issue: July 2025
COLUMNS
Pragmatism can be found throughout a recent decision of the Texas Supreme Court that has significant repercussions for oil and gas activity throughout the state.
"It’s interesting how the 45Q program, which has been around since 2008, started to gain opposition from the environmental groups, not because they were against CCUS but because it was benefitting oil and gas."
SPECIAL FOCUS: PERMIAN BASIN TECHNOLOGY
With advanced geomechanics modeling, Halliburton helps operators in the Permian basin drill smarter, safer, and with greater efficiency—to turn subsurface uncertainty into predictable results.
The drive for greater drilling speeds increases the dysfunctions encountered downhole. If left unmitigated, those vibrations can increase operating costs and downtime. Successfully suppressing downhole vibrations enables companies to surpass previous speed limitations, without damaging downhole equipment.
When upgrading its newest rigs to AC power, a Texas drilling contractor turned to Siemens Solution Partner Current Power for highly reliable, packaged electric buildings, all standardized on electrical, control and automation components.
Two new drill bit technologies address the region’s formation-specific challenges: A custom blade architecture for intermediate salts and a cutter orientation system that enhances tool face stability and ROP in shale laterals.
FEATURES
The shipment reflects the start of Canada’s first exports of LNG to international destinations.
The SMART-LINK system integrates advanced digital technology and real-time data analytics for unparalleled insight into operational wellbore conditions.
A new Middle Eastern record was set with a 29-stage StackFRAC® system in a tight carbonate, extended-reach well. Despite severe doglegs and a 6,700-ft lateral, the system deployed flawlessly—every sleeve shifted, every stage completed. Innovation, precision and planning allowed this multistage performance.
A year ago, the Suriname-Guyana basin’s outlook for hydrocarbons seemed straightforward: "deploy one FPSO annually, exceed nameplate capacity, and repeat." However, there are non-hydrocarbon factors that today could significantly influence the region, even before Suriname’s first oil.
MANAGEMENT ISSUES
A recent court decision highlights the responsibility that operator leadership has to maintain worker safety in the field and how the industry must strive to maintain a culture of incident prevention.
Haynes Boone’s survey, published twice annually, asks bankers to provide current oil and gas price decks, which determine producers’ borrowing bases. This year’s report features information from 28 banks and closely analyzes the data to determine the outlook for commodity prices.
Making the most of its regional offices and diversified teams, Kent plc is helping its client companies excel through the entire chain of business, from consulting to design, building, commissioning, and start-up, through to maintenance and decommissioning.
