Joseph
Markman
Hart Energy
Latest
Tech Trends (Week of June 7, 2021)
This weekly section highlights the latest upstream technologies designed to improve efficiencies.
E&P International Highlights (Week of June 7, 2021)
Check out these E&P and drilling activity highlights from around the world.
Rock Physics Diagnostics: A Prerequisite for Successful Modeling
An offshore Australia case study demonstrates a rock physics diagnostics workflow using three texturally different sandstones.
Schlumberger Drilling Fluid Helps Artex Energy Group Achieve Utica Formation Objectives
An integrated solution opens new opportunities for water-based mud in deep wells.
Sustainable Advantages in Artificial Lift
Producers can realize at least three sustainable advantages for their operations by using ESP technologies: reducing energy requirements, protecting ecosystems, and recovery and reuse.
Subsea Production: Diving and Cable Laying Advances
Unique Group’s integrated optimization tools for offshore subsea operations are designed to improve efficiencies and safety.
Data-driven Control Tower Model Improves Planning and Visibility
As the oil and gas industry focuses on recovery from the COVID-19 pandemic and the drive toward net zero, the need to reinvent and do things more efficiently is clear. But how might we achieve that? One way could be through greater use of an automated data-driven control tower model to improve operational planning and long-term visibility, and ultimately drive efficiencies into the industry.
Salus Technical Founder Discusses Significant Safety Challenges Offshore and How to Address Them
"The three things we need to focus on are process isolations and hydrocarbon releases, alarm management and competence," said David Jamieson, Founder and MD of Salus Technical. "The engine warning light is on, and we can’t afford to ignore it."
How Carbon Capture Technologies Work and Why They Just Might Save Your Assets
Carbon capture may be the optimal solution for an oil and gas industry striving to meet the dual demands of higher energy production and elimination of the CO2 emissions that come with it.
Opinion: Retraining & Upskilling Should Be Top Priority for Employee Retention
Demonstrating leadership by investing in the workforce makes our sector and our industry a place where everyone will want to work.
Tech Trends (Week of June 1, 2021)
This weekly section highlights the latest upstream technologies designed to improve efficiencies.
E&P International Highlights (Week of June 1, 2021)
Check out the latest E&P and drilling highlights from around the world.
On the Move (Week of June 1, 2021)
New hires, promotions and appointments continue to fuel the industry's workforce.
Weatherford Tool Helps Improve Operational Decisions and Drive Higher Returns for Subsea Fields
A subsea water-cut measurement reduced flow assurance opex by 90% and saved an operator $2 million per year.
US Renews Chevron License for Activities in Venezuela
The latest waiver was due to expire on June 3.
What’s Affecting Oil Prices This Week? (May 31, 2021)
Will oil prices breakthrough $70? In its latest forecast, Stratas Advisors notes the price movement aligned with expectations that oil prices would move upward with support from the strengthening economy and rebounding demand.
C3 AI, Shell Ink Five-Year Extension to Drive Enterprise AI Utilization
C3 AI, a leading enterprise AI software provider, and Shell have inked a five-year renewal of their strategic agreement to accelerate the deployment of enterprise AI and ML applications on the C3 AI Suite across Shell.
Schlumberger Deploys Advanced Digital Solutions for PETRONAS
Advanced digital solutions integrated with the Open Subsurface Data Universe (OSDU) Data Platform to accelerate field development planning and optimize production performance
Biden to Host Capito for Infrastructure Talks
West Virginia senator is among six Republicans who have offered a counter proposal to the president’s infrastructure plan.
Regulator: Equinor’s Castberg Oil Field Delayed Until End of 2023
The Petroleum Safety Authority said in a statement it had identified “serious breaches” of regulations in the construction of the hull for the oil field’s FPSO vessel.
Nasdaq, Fortum Join Forces to Develop Carbon Removal Market
Puro.earth’s CO2 Removal Certificates (CORCs) are based on technologies for long-term carbon removal, such as storing carbon in a solid structures made from industrial waste.
Baker Hughes Deploys Largest Remote Operations Solution across Aramco’s Drilling Operations
Baker Hughes has deployed its industry-leading remote operations digital technology across Aramco’s drilling operations, encompassing 200+ sites, the largest deployment of its kind in Baker Hughes’ history, the company said on June 1.
Cerulean Winds Plans Floating Wind Turbine Project in UK North Sea
Low-carbon infrastructure developer Cerulean Winds said on June 1 it has submitted plans to develop a floating wind turbine project in the British North Sea.
BP Invests $220 Million in US Solar Development Projects
Energy major BP Plc on June 1 boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy.
Equinor and Exxon to Develop $8 Billion Brazilian Oil Field
Equinor, Exxon Mobil Corp. and Petrogal Brasil said on June 1 they would proceed with an $8 billion development of Brazil's Bacalhau oil discovery located in the presalt Santos area.
Wintershall Dea Exits Russian Oil Venture, Focuses on Gas
Wintershall Dea transferred its 50% stake to its long-standing partner in southern Russia by mutual agreement.
Brent Hits $70 on Demand Prospects of US Summer Driving Season
Oil prices rose on June 1, with Brent topping $70, as optimism grew over the fuel demand outlook during the summer driving season of the United States, the world's top oil consumer.
Malaysia's Petronas First-Quarter Profit Doubles as Commodity Prices Recover
Malaysian state oil firm Petronas on May 31 posted a more than doubling in first-quarter profit on the back of a recovery in commodity prices and lower overall costs.
OPEC+ Likely to Stick with Current Supply Plan, Sees Orderly Iran Return
OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on June 1, OPEC sources said, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply.
New Summit ESP Gas Separator Provides Increased Efficiency and Flow Rate
The Hydro-Helical gas separator design employs a new separation component that affects 100% of the fluid through the separator, while eliminating erosion and directing distinct fluid-phase streams into crossover flow paths.