Wintershall Dea will use CDF for data contextualization and AI enablement, connecting a number of data types together, from sensor data to maintenance logs to 3D drawings to address optimization and enable advanced visualizations.
Boosting its advocacy powers during these historic times, the Texas Alliance of Energy Producers has named Jason Modglin as its new president, the company said on June 2.
The biggest drop will come in the exploration for new reserves and in spending on development plans, while ongoing oilfield construction work continues largely as expected, the data showed.
The specter of minus-$100 oil is behind us. Instead, the April historic sell-off will have to stand alone as that remember-where-you-were-then moment, a once-in-a-lifetime anomaly, let’s hope.
Goodrich Petroleum President and COO Rob Turnham discusses the strategy behind the Houston-based company’s 100% natural gas-weighted position and how the Haynesville Shale’s location helps make that successful.
The votes came in the first annual meeting held since Occidental Petroleum's acquisition of Anadarko, an ill-timed bet that has knocked its share price by 78% since its interest was first disclosed.
Other U.S. Gulf operators, including Chevron, Exxon Mobil, BHP, Shell and Hess, said June 3 they are monitoring the storm but have not evacuated workers so far.
The company postponed its FID for the Rovuma LNG project, which had been expected this year, in March as the coronavirus outbreak and an oil price slump forced firms to delay projects and slash spending.
The French energy giant will acquire a 51% stake in the Seagreen 1 project, which, once completed, will be Scotland’s largest offshore wind farm.
Numerous factors, including oil production, COVID-19 and infrastructure complicate the picture.
The U.S. Bureau of Land Management (BLM), which oversees the federal government's oil and gas leasing program, did not give a reason for the delays.