Chevron showcased its plans to safely deliver higher returns and lower its carbon footprint to attendees at URTeC.
As the industry continues to adopt new technologies and finetune its approach to developing shale plays, the quest for optimization makes the job more difficult.
Colombia’s reserves-to-production ratios for oil and gas are now both less than eight years, according to recent data released by the country’s National Hydrocarbon Agency (ANH).
Devon is thinking about energy ‘beyond oil and gas’ as it looks to supply future needs.
Colombia state energy giant Ecopetrol, partnered in the Permian Basin with Occidental Petroleum, continues to view its U.S. shale assets as ‘strategic’ within its portfolio.
Patterson-UTI CEO Andy Hendricks said the Lower 48’s hottest play has tapped out the local workforce, requiring the drilling company to bring employees into the Permian Basin.
Artificial intelligence and new simulation technologies are automating the modeling process for oil and gas, carbon capture and storage and geothermals.
The tool also prevents the ESP from falling downhole if it comes loose during operation or removal.
Data on treated produced water can help the industry find more uses for the water that comes out of the reservoir during production.
Murphy Oil increased production and pay down debt with the help of King’s Quay project going onstream in the Gulf of Mexico and high output from new Eagle Ford wells.