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The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.
The world’s first eighth-generation drillship, the Deepwater Atlas, is expected to begin operations at the Shenandoah project in the Gulf of Mexico later this year, according to a Transocean release.
Because oil and gas will still be part of the energy mix, executives said it also makes sense to incentivize lower-carbon basins like the Bakken.
Executives at URTeC share what the oil and gas industry should be focusing on when planning for the future.
Expro’s Octopoda technology allows for leak remediation and intervention in pressurized annulus and, deployed on more than a dozen projects so far, has helped operators economically regain their wells.
Replacing coal with natural gas as an energy source will reduce emissions but requires pipelines and facilities to be built faster than ever, EQT CEO Toby Rice told the DUG East audience.
Despite the world’s energy shortage, exacerbated by current events, natural gas can still be part of the solution going forward, Chesapeake Energy COO Josh Viets told DUG East attendees.
Sour service riser could be deployed next year from a jackup as new 15K riser system helps make marginal shallow-water wells with sour service more economic.
Production to Johan Castberg FPSO set to begin in 2024; newer finds could be added later to keep the unit at capacity.
Here are the three main technological breakthroughs that SubUAS CEO Javier Diez said made the Naviator drone possible.