Jennifer
Pallanich
Hart Energy
Latest
E&P Highlights: Aug. 29, 2022
Here’s a roundup of the latest E&P headlines including the availability of new blocks in Brazil and contract wins from the past week in the upstream oil and gas industry.
Westwood: Onshore Rig Counts, Rates to Rise
Land drill rig day rates have increased in a number of regions due to an increase in drilling demand combined with higher commodity pricing. In the U.S., in particular, day rates have increase by 25% in 2022, according to Westwood’s latest analysis.
Spears Projects Annual 8% Increase in Artificial Lift Market through 2025
Flush with profits on the back of high prices, the oil and gas industry still faces potential issues like a hostile political environment, lack of personnel and low levels of exploration activity, Spears & Associates’ Richard Spears told the audience at the SPE’s Artificial Lift Conference.
New Discovery Boosts Tieback Potential Near Gjøa in Norwegian North Sea
Neptune and its partners will consider developing the 35/6-3 S Ofelia well as a tieback to the Gjøa platform, located in the Norwegian North Sea, after a recent discovery.
Better Data for Better Wellbores Using Space-age Technology
System uses space-age guidance technology to help oil and gas drillers land their wellbores in the right location.
E&P Highlights: Aug. 22, 2022
Here’s a roundup of the latest E&P headlines including new field updates and product announcements from the past week in the upstream oil and gas industry.
Transforming Subsurface E&P Data Management with the Cloud
Here’s how the oil and gas community has come together to address the industry’s data management challenges by helping to remove data silos and enable data to move seamlessly between workflows and applications.
Analyst: Gas Production Offshore India Continues to Ramp Up
The Block KG D6 development leads offshore activity for India, while oil and gas production onshore is likely to remain level through 2030.
Brazil’s ANP Opens Bid Round for 11 Offshore Blocks
Brazil’s oil regulator ANP announced details of a permanent bid round for 11 offshore oil and gas exploration blocks and plans to open offer envelopes in mid-December.
Analyst: Chinese Liquids Production to Decline Within a Decade
Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.
Multilateral Retrofits Help Grow Production Offshore
Schlumberger is working to modernize completions and combine all-electric intelligent completion systems with multilateral retrofit.
E&P’s 2022 ‘Meritorious Awards for Engineering Innovation’ Winning Technologies
The MEAs program recognizes new products and technologies designed by companies and people who understand the need for newer, better and constantly changing technological innovation to appease the energy-hungry world.
E&P Highlights: Aug. 8, 2022
Here’s a roundup of the latest E&P headlines including new production and contract announcements from the past week in the upstream oil and gas industry.
International E&P Highlights: Papua New Guinea
Though recent operational growth in Papua New Guinea has slowed, potential remains for further project development from PNG operators Exxon Mobil and TotalEnergies.
Extending E&P Infrastructure Lifespan with Maintenance Planning
Asset management software can optimize maintenance schedules for oil and gas infrastructure based on available resources. “Maintenance is not sexy. It’s a cost,” expert says.
Operators Urged to Brace for ‘Above-normal’ Atlantic Hurricane Season
BSEE is requiring oil and gas operators in the Gulf of Mexico to include a reporting schedule for hurricane and storm evacuations.
DeNovo Boasts Tech Advantage to Monetize Stranded Gas in Trinidad
DeNovo Energy is using technologies from natural user interface to asset integrity management to continuous monitor operations at two platforms offshore Trinidad and Tobago.
E&P Highlights: Aug. 1, 2022
Here’s a roundup of the latest E&P headlines including company updates from the past week in the upstream oil and gas industry.
Tapping into Seismic Imaging Advances
Reprocessing existing data with new technologies reveals more in seismic imaging for oil and gas operators around the world.
Ecopetrol, Petrobras Report Deepwater Gas Find Offshore Colombia
The deepwater gas discovery reported by Ecopetrol and Petrobras offshore Colombia confirms the importance of the Caribbean region and increases the possibility for developing a new E&P frontier off northern South America.
E&P Case Study: Predicting Proppant and Fluid Flow Leads to Better Fracs
The oil and gas industry has long assumed that sand and fluid flow uniformly together through casing. However, surface tests conducted by GEODynamics with six shale operators in the U.S. unequivocally proved otherwise.
ZEDEDA Software: Taking Computing to the Edge
The orchestration and management software is like an operating system for the edge, and oil and gas companies are using it to handle data heavy tasks in wide-ranging locations, ZEDEDA’s CEO and co-founder tells Hart Energy.
Inspection Robots Invade Oil and Gas Space
Autonomous inspection robots, which have been proven through recent pilot programs to detect leaks and corrosion problems during routine inspections at onshore oil and gas sites, could soon debut offshore.
E&P Highlights: July 25, 2022
Here’s a roundup of the latest E&P headlines including new appointments and product announcements from the past week in the upstream oil and gas industry.
TotalEnergies Definitively Withdraws from Myanmar
TotalEnergies filed a six-month withdrawal notice on Jan. 21, 2022, from its Myanmar operations due to the growing political unrest in the country.
Subsea Firm Proves Acoustic Hydrate Detection in Deep Water
Now that a ROV-propelled acoustic sensor has proven the ability to locate blockage in a deepwater pipeline, TSC Subsea is looking into other use cases, such as detecting the buildup of hydrates and wax deposits before a plug form.
E&P Case Study: Impact of Autonomously Controlling Injection Fluids Conformance
Tendeka and Petroleum Expert performed an extensive dynamic reservoir simulation study evaluating the impact of pressure, temperature and flow variations of injection fluids on the performance of injection wells with various completions.
TechnipFMC Inks FEED Deal in Brazil Worth over $1 Billion
The FEED “study will finalize the technical solution for the proposed gas and condensate greenfield development in the presalt Campos Basin” before Equinor makes its FID, TechnipFMC said in a press statement.
Biden Administration Releases Proposed Offshore Leasing Plan
The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.
Sembcorp Delivers World’s First 8th-gen Ultradeepwater Drillship
The world’s first eighth-generation drillship, the Deepwater Atlas, is expected to begin operations at the Shenandoah project in the Gulf of Mexico later this year, according to a Transocean release.