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(Source: Yesenia Rodriguez/marcmorrison.com)

Reservoir Evaluation

E&P Drilling: Formation Evaluation Returns to the Surface

Hybrid mud logging is a major step change in providing quantitative data in near-real time without increasing personnel. 

AWS
Sponsored Content

IndustryVoice: Transforming Operations with Cloud-based Process Control

This second of a four-part series of webinars focuses on how data are changing to make oil and gas E&P more efficient and productive.

LP

Highlights

E&P: September 2020 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world featured in the September issue of E&P including plans to drill and test a play offshore the U.K. originally discovered by ConocoPhillips in 1982.

MarketsSee More

Saudi Arabia Chafes at ‘False Promises’ on Oil Cuts from OPEC Partners

Saudi Arabia Chafes at ‘False Promises’ on Oil Cuts from OPEC Partners

Moves to flout deal terms on oil cuts damage reputation of OPEC+, Saudi Arabia’s energy minister says.

As OPEC+ Meets This Week, UAE Emerges As Main Laggard

The United Arab Emirates has emerged as a major laggard in delivering oil output cuts in August, figures used by OPEC+ showed on Sept. 16.

Shanghai

IEA: Except for China, Oil Demand Recovery Slow for Rest of 2020

China’s COVID recovery has pushed its economy but the rest of the world lags.

Oil Industry Paints Grimmer Picture of Pandemic’s Harm to Demand

OPEC cut its outlook for demand in 2020, saying world oil demand would fall by 9.46 million bbl/d this year, an increase of 400,000 bbl/d from its previous report.

BusinessSee More

Energy Credit Alternatives The ‘Shadow’ Banks

Energy Credit Alternatives: The ‘Shadow’ Banks

As commercial banks cautiously retrench—if not retreat—from energy, others have a growing appetite to provide debt solutions. Some call it rescue capital.

Study: Global Net-zero Emissions Goal Would Require $1-2 Trillion Yearly Investment

As a result of the energy transition needed, oil demand could be slashed from 100 million bbl/d in 2019 to around 10 million bbl/d by mid-century, the study said.

Quantum Energy Partners, Global Reserve Group Lead Financing Round of Datagration

“PetroVisor has already delivered game-changing financial results for many E&P companies and is ready to scale globally,” Datagration Executive Chairman Peter Bernard said in a statement.

Exxon Mobil Announces Winners of Power Play Awards

Second annual awards recognize women in the LNG business.

TechnologySee More

Sentinel 5-P satellite

Methane Leak Technology Bolsters Oil Industry’s ESG Efforts

By providing details on emissions, oil and gas consultancy Kayrros helps companies to plug the leaks and impress investors.

Wood Secures Kollsnes Gas Processing EPCI Contract from Equinor

Wood has secured a new $42 million contract from international energy company Equinor on behalf of operator Gassco to provide EPCI services at the Kollsnes gas processing plant in Norway, the company said on Sept. 17.

Brazos Midstream Selects Quorum Software to Streamline Data

Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, on Sept. 16 said that Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.

Bristow Group Names Jennifer Whalen as CFO

Bristow Group Inc. has appointed Jennifer Whalen as senior vice president and CFO, effective on Sept. 16, 2020.

Exploration & ProductionSee More

E&P Industry Pulse: How Upstream Players Can Decarbonize with Positive Returns

E&P Industry Pulse: How Upstream Players Can Decarbonize with Positive Returns

An upstream oil and gas company’s detailed road map outlines how to design a cost-effective decarbonization strategy

The Redtail-1 well was drilled by the Noble Don Taylor. (Source: Noble Corp.)

Exxon Mobil, Partners Make 18th Discovery Offshore Guyana

The latest oil discovery was made by the Redtail-1 well in the southeast part of the Stabroek Block.

The Equinor-operated Dudgeon Offshore Wind Farm is located offshore North Norfolk, England, in a water depth of 18-25 m. The wind farm features 67 turbines. Each 6-megawatt turbine is 170 meters tall from surface to wingtip. (Source: Equinor)

Oil Majors Work to Advance Offshore Wind Energy

Executives from Equinor, Shell, Total and WindEurope discuss how producers of oil and gas are transferring knowledge to offshore wind.

(Source: Marc Morrison/marcmorrison.com)

Industry Recovery: The Other Side

As the oil and gas industry regains strength following a tumultuous second quarter, companies could emerge anew.

TransactionsSee More

Permian Basin Operator Approach Resources Hitches Saddle to New Buyer

Permian Basin Operator Approach Resources Hitches Saddle to New Buyer

Bankrupt Permian operator Approach Resources appears to be headed toward a sale again—albeit for less than two-thirds of the original sales price.

EQT Reportedly Bids $750 Million for Chevron’s Appalachia Shale Assets

Chevron is marketing about 800,000 acres in the Marcellus and Utica shale plays of Pennsylvania and neighboring states and a 31% nonoperating interest in Laurel Mountain Midstream.

Industry Veteran Ted Williams Joins EnCore Permian as COO

Industry veteran Ted Williams will join EnCore Permian as partner and COO to lead its growing operations department as the Midland, Texas-based company transforms into an E&P company.

US Shelves Wyoming BLM Lease Sale Plans over Sage Grouse

BLM will instead sell eight parcels of oil and gas leases on more than 4,000 acres in the southeast corner of Wyoming, not located in sage grouse habitat, through the online auction platform EnergyNet.

Policy & RegulationsSee More

Dr. Scott Tinker

Executive Q&A: Defining a Smart Energy Future

Geologist Dr. Scott Tinker is on a mission to educate the world on the critical intersection of energy, environment and economics. Can he save the world’s energy future by drawing players into the radical middle?

CEO Group Supports Carbon Pricing to Fight Climate Change

Business Roundtable previously had no position on the subject.

California, 19 Other States, Sue Trump Admin for Weakening Methane Rules

The lawsuit targets two policy amendments announced by the Environmental Protection Agency in August that roll back methane emissions curbs on the oil and gas industry and weaken requirements for leak detection.

Ukraine: US Company Refuses to Cooperate over LNG Supply Deal

Louisiana exporter says Ukraine lacks a ‘serious desire’ for a long-term contract.

MidstreamSee More

COVID Crash

Midstream Sector’s Möbius Strip

For years, the midstream sector has managed to stay strong in weak oil and gas markets, but the unforeseen impacts of COVID-19 and the OPEC+ oil price shock have had a deep impact. 

Cameron LNG Closer to Returning to Service

Cargo ships in the Gulf of Mexico indicate that exports may resume shortly.

germany

Newspaper: Germany Offered to Build LNG Terminals to Avert US Sanctions

German finance minister made the offer in early August, before the sanctions were imposed.