Jennifer
Pallanich
Hart Energy
E&P Highlights: March 15, 2024
Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.
Parker Wellbore, TDE Partner to ‘Revolutionize’ Well Drilling
Parker Wellbore and TDE are offering what they call the industry’s first downhole high power, high bandwidth data highway.
Exclusive: Calling on Automation to Help with Handling Produced Water
Water testing and real-time data can help automate decisions to handle produced water.
The Secret to Record US Oil Output? Drilling Efficiencies—EIA
Advances in horizontal drilling and fracking technologies are yielding more efficient oil wells in the U.S. even as the rig count plummets, the Energy Information Administration reported.
Well Logging Could Get a Makeover
Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Tech Trends: Halliburton’s Carbon Capturing Cement Solution
Halliburton’s new CorrosaLock cement solution provides chemical resistance to CO2 and minimizes the impact of cyclic loading on the cement barrier.
Patterson-UTI Braces for Activity ‘Pause’ After E&P Consolidations
Patterson-UTI saw net income rebound from 2022 and CEO Andy Hendricks says the company is well positioned following a wave of E&P consolidations that may slow activity.
Oil, Gas Drilling Tech Transfer Boosts Fervo’s Geothermal Prowess
Geothermal company Fervo Energy is learning from oil and gas drilling and completion techniques to improve geothermal well costs and drill times.
StimStixx, Hunting Titan Partner on Well Perforation, Acidizing
The strategic partnership between StimStixx Technologies and Hunting Titan will increase well treatments and reduce costs, the companies said.
Tech Trends: SLB's Autonomous Tech Used for Drilling Operations
SLB says autonomous drilling operations increased ROP at a deepwater field offshore Brazil by 60% over the course of a five-well program.