Mary
Holcomb
HartEnergy.com
Kongsberg Advances Virtual Oilfield Tech with Digital Twin Software Debut
The software produces a virtual replica of facilities, improving oil and gas operators’ situational awareness and business decisions in real time, Kongsberg Digital President Hege Skryseth says.
Interventek Bags Multimillion-dollar Subsea Deal with Baker Hughes
Interventek has joined forces with Baker Hughes, to bring a suite of high-performance subsea well completion and intervention systems to market, the company said on Sept. 23.
E&P Analyst Corner: Exploration for Clastic Stratigraphic Traps
Explorers must recognize whether they have the right tools and processes to explore effectively for commercial oil and gas finds.
PATH FORWARD: Energy Transition Deep Dive with the ‘Big 4’—Deloitte, EY, KPMG, PwC
Leaders from the “Big Four” accounting firms—Deloitte, EY, KPMG and PwC—joined Hart Energy to discuss the energy transition and the different approaches to ESG within the oil and gas industry.
The Latest
Exploration & Production
E&P Tech Trends: New Schlumberger Digital Service; On-demand Well Control Training; More
Check out the latest products and services for the upstream oil and gas industry including Schlumberger’s Performance Live digitally connected service that optimizes remote wellsite operations control.
September 25, 2020
Seismic
CGG Commences Second Phase of OBN Multiclient Survey in UK North Sea
CGG has completed the first phase of its multiyear program to deliver the largest OBN multiclient survey ever acquired in the U.K. Central North Sea (CNS) and immediate commencement of the second acquisition phase, the company said on Sept. 24.
September 25, 2020
Digital Oilfield
E&P Tech: Benefits of Using a Digital Twin in Well Construction
eDrilling uses dynamic drilling models and diagnostic technology merged with 3D visualization for a true digital twin or 'virtual wellbore.'
September 24, 2020
Restructurings
Calfrac Rejects Wilks Brothers’ $20 Million Takeover Offer
Instead, Canada's Calfrac Well Services on Sept. 24 said it was sweetening its recapitalization plan to reduce debt.
September 24, 2020
Investment
Global Climate Goals ‘Virtually Impossible’ Without Carbon Capture, IEA Says
Up to to $160 billion investment in carbon capture technology is need by the growing number of countries and companies targeting net-zero CO₂ emissions by around 2050, the IEA says.
September 24, 2020
Digital Oilfield
Kongsberg Advances Virtual Oilfield Tech with Digital Twin Software Debut
The software produces a virtual replica of facilities, improving oil and gas operators’ situational awareness and business decisions in real time, Kongsberg Digital President Hege Skryseth says.
September 24, 2020
Investment
Blockchain Startup Data Gumbo Secures $4 Million from L37, Equinor and Saudi Aramco
L37 leads $4 million round with Equinor Ventures and Saudi Aramco Energy Ventures.
September 24, 2020
Exploration & Production
Archer Wins North Sea Contract Extension with Apache
Based on current and expected future activity, including additional services through our engineering, rentals and oiltools divisions, the extension has an estimated value of up to $100 million.
September 24, 2020
Drilling
Weatherford Inks Memorandum of Understanding with Safe Influx
Weatherford International Plc has signed a memorandum of understanding (MoU) with Safe Influx, the provider of automated well control technology, the company said on Sept. 23.
September 24, 2020
Business
Will US Oil Production Ever Hit 13 Million Barrels Per Day Again?
Analysts discuss the outlook for the U.S. shale sector as it recovers from the latest downturn, awaiting higher global demand.
September 23, 2020