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Tracking Frac Equipment Conditions to Prevent Failures
A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out.
Dec 23
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Understanding the Impact of AI and Machine Learning on Operations
Advanced digital technologies are irrevocably changing the oil and gas industry.
Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.
Baytex Completes Sale of Kerrobert Thermal Asset for $42MM
Baytex Energy’s divested Kerrobert non-core thermal asset can produce approximately 2,000 bbl/d of heavy oil.
Tracking Frac Equipment Conditions to Prevent Failures
A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out.
Baker Hughes: US Drillers Keep Oil, NatGas Rigs Unchanged for Second Week
U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row.
LandBridge Closes Deal for 46,000 Surface Acres in Delaware Basin
LandBridge Co., which held a successful IPO in August, added about 53,000 acres and now holds about 273,000 acres.
Permanent Magnets Emerge as a Game-Changer for ESP Technology
In 2024, permanent magnet motors installations have ballooned to 11% of electric submersible pump installations, and that number is growing.
DNO, OKEA Trade Prospect Interests in Norwegian Sea
DNO picked up shares in the Mistral prospect of the Norwegian Sea while reducing its stake in the Horatio prospect.
Standard Lithium, Equinor Crank Up Direct Lithium Extraction Pilot Plant
SWA Lithium’s pilot plant in Arkansas is processing brine to confirm engineering design parameters, Standard Lithium says.
ProPetro Agrees to Provide Electric Fracking Services to Permian Operator
ProPetro Holding Corp. now has four electric fleets on contract.
Novel EOR Process Could Save Shale from a Dry Future
Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.
DNO Makes Another Norwegian North Sea Discovery
DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
EIA: Gulf Production Suffered from Eventful Hurricane Season
Oil and gas platforms under-produced in September and November, the Energy Information Administration reported.
E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Partnership to Deploy Clean Frac Fleets Across Permian Basin
Diamondback Energy, Halliburton Energy Services and VoltaGrid are working together to deploy four advanced electric simul-frac fleets across the Permian in an effort to enhance clean and efficient energy solutions in the region.
US Oil, Gas Rig Count Unchanged at 589 in Week to Dec. 13, Baker Hughes Says
U.S. energy firms this week operated the same number of oil and natural gas rigs as they did last week, according to Baker Hughes' weekly report.
Tethys Oil Suspends Kunooz-1 Well in Oman
The decision to suspend its Kunooz-1 exploration well comes after flow testing failed to confirm the presence of commercially-viable hydrocarbons, Tethys said.
NOG Commits Up to $160MM to Appalachian Basin Joint Venture
Northern Oil and Gas has entered a joint development program with an Appalachian Basin operator, which wasn’t named, in exchange for a 15% working interest, the company said.
Uinta’s Scout Energy Likely Not for Sale as Takeaway to Gulf Rises
Despite the Uinta Basin’s recent flurry of M&A activity, Scout Energy Partners isn’t looking to sell anytime soon, said the company’s executive vice president, Juan Nevarez, at Hart Energy’s Executive Oil Conference.
Energy Vault, RackScale Partner to Scale Up Data Centers by 2 GW
The Energy Vault-RackScale Data Centers partnership emerges as hyperscalers continue to lock in electricity, including from renewables and energy storage systems, to meet growing power needs.