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ABS, Hyundai Heavy Industries Partner to Reduce Human Error
Hyundai Heavy Industries agreed to add autonomous navigation, maintenance and detection software to ABS ships.
E&P Highlights: Dec. 5, 2022
Here’s a roundup of the latest E&P headlines including field upgrade plans being approved and a development milestone for a Senegalese field from the past week in the upstream oil and gas industry.
New ChampionX Cage Design Lowers Pressure Drop to Reduce Rod Lift Wear
ChampionX’s re-engineered cage design minimizes energy loss when opening and closing its reciprocating rod pump cage.
Petrobras Sets Out $78 Billion in Capex for 4-year Period
Petrobras' biggest budget share for 2023-2027 will go toward pre-salt efforts, which are expected to deliver 78% of the company’s production by the end of 2027.
Bakken EOR Trial Increased Output by 25%
Pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken shale.
E&P Highlights (Nov. 28, 2022): Sinopec Shale Gas Discovery
Here’s a roundup of the latest E&P headlines including a new find in the Sichuan Basin and a flaring investigation in the U.K. North Sea from the past week in the upstream oil and gas industry.
The Drone Revolution: Robots Are Taking Over!
Drone technology is transforming the way the oil and gas industry operates, allowing for faster and more frequent inspections. Here’s what makes the future bright for drone tech.
E&P Highlights (Nov. 21, 2022): 3M Gas Field Now Online
Here’s a roundup of the latest E&P headlines including new gas fields going online in Indonesia and elsewhere plus contract announcements for new projects from the past week in the upstream oil and gas industry.
Drone Tech: Data’s Worth More Than its Weight in Oil
Advances in drone technology and drone services aim to create a safer world for E&P operators and the environment.
Baker Hughes Looks to Spearhead an All-Electric Offshore Environment
Not only does the Baker Hughes all-electric subsea tieback reduce topside footprint, it also reduces capex costs by 15%.
E&P Highlights (Nov. 8, 2022): Discovery Offshore Israel; Petrobras Subsea Deal
Here’s a roundup of the latest E&P headlines including a commercial discovery offshore Israel and a five-year subsea frame agreement awarded by Petrobras from the past week in the upstream oil and gas industry.
Petrobras’ P-71 FPSO Starts in 2022, Four to Follow
Brazil’s state-owned Petrobras looks to start up an FPSO unit this year ahead of schedule followed by four others in 2023 with combined capacity to produce 630,000 bbl/d.
Kosmos Energy Outlines Plans to Grow Production by 50%
Developments underway are expected to increase Kosmos Energy’s oil and gas output by 50% by 2024, the Dallas-based E&P company unveiled in its Q3 earnings.
Polaris, STRYDE Make Seismic Progress across Africa
Small nodal system provides high-res data with a light footprint and reduced cost, seismic companies Polaris and STRYDE report.
E&P Highlights (Oct. 31, 2022): Sépia Oil Discovery; Aramco, IBM Innovation Hub
Here’s a roundup of the latest E&P headlines including the discovery of one of the thickest net oil columns recorded in Brazil and contract announcements from the past week in the upstream oil and gas industry.
ChampionX Blends Old, New Technology to Improve Oil Operations
Oil and gas production technology is stepping in to help do more with less by helping find hidden barrels, increase production volumes and lower lifting costs, according to ChampionX in this Hart Energy exclusive.
Offshore Rig Market on the Rise
Globally the offshore rig market is going back to pre-pandemic numbers, with the drillship market increasing by 23% and the jackup market increasing by 6%, according to Westwood energy experts.
E&P Highlights: Oct. 24, 2022
Here’s a roundup of the latest E&P headlines including a reserves update in the Western South China Sea and a FLNG conversion announcement from the past week in the upstream oil and gas industry.
LNG an East Africa Possibility If Challenges Are Overcome
Legal, security and infrastructure hurdles stall oil and gas progress offshore East Africa.
FASTsubsea JV Pushes Subsea-Boosting Potential
FASTsubsea, a joint venture (JV) between Aker Solutions and Fsubsea, is developing the world’s first topside-less subsea multiphase boosting system expected to help cut costs, save time and reduce CO₂ emissions.
The ‘Holy Grail’ of Oil and Gas Data
Here’s how oil companies can go beyond the data lake by using a unified data model to integrate operations, production and back-office information for better and more timely decision-making.
US Land Drillers: Drilling Faster, Reaching More Resources
Here’s how Big Data is informing intelligent design for drilling operations, according to experts from U.S.-based land drilling companies Patterson-UTI and Helmerich and Payne.
E&P Highlights: Oct. 17, 2022
Here’s a roundup of the latest E&P headlines, including new contracts and product announcements from the past week in the upstream oil and gas industry.
West Africa Outlook: E&P Activity off Nigeria, Angola on the Wain
However, Ivory Coast and Namibia are emerging as West Africa’s new oil and gas lands of opportunity, including what analysts say could be the next Guyana.
‘Modest’ Growth in Land Rig Demand Outlook
Specifically, in the U.S., the land drilling rig market is currently highly competitive and fragmented, a Westwood analyst said discussing the firm’s world land drilling rig market forecast.
Gulf of Mexico Rig Market Thrives, Dominated by Drillships
Despite fluctuating oil and gas prices, the Gulf of Mexico rig market remains strong with a few of the majors holding a monopoly over rigs within the region.
Optimizing High-Pressure Gas Lift through Automation
Gaining traction among shale operators—including in the Permian Basin, the high-pressure gas lift (HGPL) method focuses on injection depth, injection rate, cross-sectional flow area and flowing wellhead pressure to maximize the value of wells.
Recent Offshore Discoveries in South Africa, Namibia Pave Different Paths
Despite recent oil and gas discoveries, these neighboring African countries look to be headed in different directions, energy experts say.
E&P Highlights: Oct. 10, 2022
Here’s a roundup of the latest E&P headlines including a new Algerian project going onstream, a commercial gas find offshore Israel and regulatory updates from Australia, the U.S. and Norway from the past week in the upstream oil and gas industry.
The New Approach to Safety in Oil and Gas
Leaders in the oil and gas industry from Chevron, BP and vPSI Group discuss the power of operational learning at ATCE and offered tactics on how to implement the new approach to safety.