R&D
News
June 23, 2022
Research shows companies with a higher percentage of women in executive positions have a 34% higher total return to shareholders than those that do not and companies with ethnic diversity on their executive team are 25% more likely to have above average profitability and 27% likelihood of outperforming peers in value creation.
News
June 23, 2022
In an effort that has been underway for several years and is now set against a backdrop of triple-digit oil prices, oil and gas companies are continuing attempts to devise new methods of increasing production from existing unconventional wells.
News
June 20, 2022
Global well integrity and production optimization company Coretrax has completed a world record-breaking project in the Utica Basin, Northeast U.S., for a major gas operator with its ReLine Expandable Technology.
Article
June 2022
An innovative production software platform enables automated allocation processes and provides high-accuracy data, significantly reducing time previously spent on manual tasks.
News
June 01, 2022
Eni announced its work with Amazon Web Services (AWS) to integrate its proprietary data platform XWARE with the cloud native Open Subsurface Data Universe on AWS. This enables faster data exchange between external ecosystems, deployment of innovative Seismic Cloud applications, and fostering new digital workflows and insights.
Article
May 2022
Polymer flooding actually dates back to the 1970s and 1980s, but it is enjoying a resurgence of usage, thanks to more recent results in projects.
News
May 23, 2022
The OU team designed and proposed a system to repurpose six abandoned oil and gas wells in Shawnee, Oklahoma, to provide clean, renewable geothermal energy for more than 730,449 square feet of educational and municipal buildings.
Article
May 2022
Operators continue to look for field solutions that bring greater efficiencies and cost-savings. With these concerns top of mind, we recently introduced our more streamlined SPM™ Simplified Frac Iron System.
Article
May 2022
AICDs are the next generation of inflow control technology that autonomously provides a more uniform inflow profile and enhanced production. The FloSure AICD increases oil output over field life and has been deployed successfully in light and heavy oil wells to overcome water
or gas breakthrough.
Article
May 2022
A high-performance WBM, with an innovative polymer chemistry, is exceeding operator expectations in reducing operational time and expense, compared to NAF.
Article
May 2022
Evelyn MacLean, workforce energy task force director of the UK-based International Association of Oil and Gas Producers, says it’s time technology advancements are coupled with a re-examination of the workforce relationship.
News
May 11, 2022
A London-based startup that makes small, modular units to capture carbon emissions from smokestacks has raised $150 million from investors that include the venture arms of Chevron Corp., Saudi Arabian Oil Co., and Samsung Group.
Article
May 2022
Existing but previously unused data obtained during the drilling process can now be used to enhance completion design. The author outlines the available data and discusses how it can be incorporated into the completion design process and ultimately provide economic benefits to an operator.
News
May 06, 2022
The U.S. Department of Energy is actively aligning funds and programs to further support the thriving offshore wind industry, specifically projects in the US Gulf of Mexico and Central Atlantic.
News
May 05, 2022
Baker Hughes launched a new subsea wellhead technology, the MS-2 Annulus Seal, to save substantial operational rig costs by helping lower overall wellhead installation costs due to reduced rig trips.
News
May 05, 2022
Concerned about the growing safety risk posed by corrosion and other structural integrity issues associated with the global floating production fleet, American Bureau of Shipping pulled together an industry working group 18 months ago.
News
May 04, 2022
Oxford Flow, flow control equipment specialist for oil, gas, industrial process and water industries, has been awarded the Albert Woelfel Best Mechanical Engineering Achievement Award by the American Society of Mechanical Engineers at OTC for its ES axial flow valve.
News
May 04, 2022
Devon Energy Corp., one of the biggest oil explorers in the Permian Basin, is getting into the sand business to combat rising costs.
News
May 03, 2022
The pandemic had a unique impact on the energy industry and will pave the path of the energy transition on its way to net zero emissions, Society of Petroleum Engineers President Kamel Ben-Naceur said during a keynote presentation at OTC.
News
April 29, 2022
Schlumberger announced it has expanded its global INNOVATION FACTORI network with the inauguration of a new center in Oslo, Norway.
Article
April 2022
Operators and service companies continue to implement new ESG initiatives. One provider is focusing more attention on operations at liquid mud plants to reduce, reuse and repurpose materials. The goal is to diminish the environmental footprint and promote operational efficiencies.
