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How Generative AI Liberates Data to Streamline Decisions

When combined with industrial data management, generative AI can allow processes to be more effective and scalable.

Jul 22
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E&P Highlights: July 22, 2024

Here's a roundup of the latest E&P headlines, with LLOG acquiring 41 blocks in the Gulf of Mexico and Saipem securing $500 million in contracts from Saudi Aramco.

How Generative AI Liberates Data to Streamline Decisions

When combined with industrial data management, generative AI can allow processes to be more effective and scalable.

Comet Ridge Awarded Mahalo Far East Extension for 6-year Term

Comet Ridge was awarded 100% ownership and operator of Australia’s Mahalo Far East Extension for an initial term of 6 years.

Halliburton Sees NAM Activity Rebound in ‘25 After M&A Dust Settles

Halliburton said a softer North American market was affected by E&Ps integrating assets from recent M&A as the company continues to see international markets boosting the company’s bottom line.

Safety First, Efficiency Follows: Unconventional Completions Go Automated

The unconventional completions sector has seen a tremendous growth in daily stage capacity and operation efficiencies, primarily driven by process and product innovations in the plug and perf space.

Beyond the Horizon: Exploring the Permian’s Longest Laterals

Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin.

ProFrac, IWS Taking the Garbage Out of Oilfield Data Transfer

ProFrac and Intelligent Wellhead Systems’ MQTT protocol promises to speed up communications at the frac site, not only by saving costs but laying the foundation for future technological innovations and efficiencies in the field, the companies tell Hart Energy.

Tech Trends, URTeC Edition: Unconventional Solutions for Unconventional Resources

In this month’s Tech Trends, which takes place at the 2024 Unconventional Resources Technology Conference, new technologies are on display that ensure both efficient and sustainable operations.

E&P Highlights: July 15, 2024

Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields.

OPEC+ Brings Oil Overproduction Under Heel—Rystad

After years of noncompliance and underreporting of actual crude production, many OPEC+ members are voluntarily reducing output beyond set goals, according to analysis by Rystad Energy.

Goodbye Manual Control: Vital Energy’s Automation Program Boosts Production

Production, ESP efficiency soared when the company automated decisions with AI at the edge.

Where, When and How to Refrac—Weighing All the Options

Experts weigh in on strategic considerations when deciding how to rejuvenate production from a tired well.

Are 3-mile Laterals Worth the Extra Mile?

Every additional foot increases production, but it also increases costs.

Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway

The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience.

E&P Highlights: July 10, 2024

Here’s a roundup of the latest E&P headlines including TotalEnergies exiting South Africa to focus on opportunities in Namibia.

Vitol Grows LNG Bunkering Fleet by 3 Ships

LNG trading company Vitol Group is emphasizing the environmental benefits of using LNG as a shipping fuel with the acquisition of three bunkering vessels to fuel ships.

Nuclear in a Box: Mobile Nuclear Reactors May Answer Permian’s Power Ask

A top Permian producer has signed up for a small-footprint nuclear plant. A top pressure-pumper has invested in the developer. Industry members say interest in Permian nuclear is hot.

Give Us a Signal: Tech Firm Ups E&P Coverage in Remote Plays

As E&Ps struggle to transmit information over public networks in out-of-the-way oil and gas basins, tech firm Digi is working to improve its reception.

E&P Highlights: July 1, 2024

Here’s a roundup of the latest E&P headlines, including the Israeli government approving increased gas export at the Leviathan Field and Equinor winning a FEED contract for the all-electric Fram Sør Field.

The New Wildcatters: Geothermal Developers on the Hunt for Heat

The U.S. is poised for a geothermal boom using existing oil and gas technology. Does the industry have what it needs to scale?