October 19, 2022
Texas became the first state in the nation to begin plugging abandoned oil and gas wells using federal grants from the Infrastructure Investment and Jobs Act.
Electrification of Production Systems for Mature Fields
September 15, 2022
As our industry transitions over the coming years toward fully decarbonized energy, we will be facing the imperative of answering the demand for conventional energy with new priorities on capital stewardship, increased productivity, and greater environmental sustainability. Investing billions of dollars in large new greenfield developments will become more and more difficult to justify. Operators will turn to their existing assets to connect additional resources and extract more oil and gas from them, with the priority on projects with low breakeven, low carbon, and short payback. Electrification of production systems will provide answers for this situation. But while operators fully understand the value of electrification for greenfield developments, its benefit for existing mature fields is less well known. This webcast will focus on the benefits of electrification for wells, subsea, and topside in brownfield applications. During this discussion, we will expand on the new capabilities enabled by electric systems that will help push existing frontiers. In addition, we will address some beliefs and myths and demonstrate that incremental investment costs for electrification of existing fields can return a large value while reducing the carbon footprint of our industry.
August 26, 2022
The Railroad Commission of Texas will soon begin plugging more wells to continue its strong track record of plugging abandoned oil and gas wells in Texas.
August 19, 2022
Touchstone Exploration Inc. announced that the company received the Certificate of Environmental Clearance it needed to conduct development operations within the Cascadura area of the Ortoire block.
Spontaneous Imbibition — A Forum for a Fresh Look at EOR
August 25, 2022
Stepan Oilfield Solutions and Rockwater Energy Solution
During this 60-minute workshop, we will discuss the following: 1) No Pressure — Learn More About Spontaneous Imbibition presented by Dr. Aaron Sanders, Technical Director of Oilfield Solutions from Stepan Oilfield Solutions. 2) Oilfield Chemistry — the Move from Design to Application presented by Brian Price, Vice President- Technology from Rockwater Energy Solutions
August 08, 2022
Touchstone Exploration Inc. is preparing for the Trinidad and Tobago Environmental Management Authority to make a final decision on a Certificate of Environmental Clearance for its oil and gas exploration project by September 15.
June 14, 2022
Billionaire Harold Hamm may trigger a bidding war for Continental Resources Inc. with his $4.3 billion takeover offer for the shale powerhouse he founded.
June 13, 2022
BP sold out of Canada’s oil sands, divesting its stake in the Sunrise project to Cenovus Energy Inc. while acquiring offshore exploration from the same company in the east of the country.
May 11, 2022
Libya’s parliament-backed prime minister said closed oil fields and ports in the OPEC country may soon reopen, though his rival’s energy minister said negotiations with protesters were proving difficult.
May 09, 2022
More than 100 oil and gas projects should commence operations in Nigeria during the next four years, accounting for more than 24% of the predicted total projects starts during that time, predicts GlobalData.
May 06, 2022
South Sudan is taking steps to take over the operations of international oil companies in the country to increase its share of revenue, even as production declines, according to a government official.
April 21, 2021
Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.
April 15, 2021
Iraq’s oil ministry took the unusual step of saying it’s in talks with U.S. companies about the possibility of them buying Exxon’s 32.7% stake in the field in southern Iraq, near the city of Basra.
By utilizing major components from a DCTD BHA, a lateral can be re-entered on the first attempt, and a full downhole measurement suite can confirm entry and help improve operational efficiency, once in the chosen lateral.