The Latest

Then and Now: 4D Seismic Surveys Cut Costs, Increase Production

4D seismic surveys allow operators to monitor changes in reservoirs over extended periods for more informed well placement decisions. Companies including SLB and MicroSeismic Inc. are already seeing the benefits of the tech.

AIQ, SLB Collaborate to Speed Up Autonomous Energy Operations

AIQ and SLB’s collaboration will use SLB’s suite of applications to facilitate autonomous upstream and downstream operations.

FERC Chair: Gas Needed to Head Off US Grid’s ‘Rendezvous with Reality’

Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.

Chevron Technology Ventures Would Like to See the Manager

Chevron Corp.’s Chevron Technology Ventures, which turns 25 this year, pays close attention to leadership teams when making investment decisions in technology startups.

Enverus Acquires Pearl Street Technologies to Help Bolster Grid

The acquisition of the spinout from Carnegie Mellon University strengthens Enverus’ suite of offerings as it expands deeper into power and energy transition solutions, the company says.

Golden Gate Capital Completes Stonehill Environmental Sale

Private equity firm Golden Gate Capital has completed the sale of energy infrastructure company Stonehill Environmental Partners for an undisclosed amount.

Williams’ CEO: Pipeline Permitting Costs Twice as Much as Steel

Williams Cos. CEO Alan Armstrong said U.S. states with friendlier permitting polices, including Texas, Louisiana and Wyoming, have a major advantage as AI infrastructure develops.

Oxy CEO: US Oil Production Likely to Peak Within Five Years

U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.

Smackover Lithium Derisks Direct Lithium Extraction Technology

With the completion of a final field test, the Smackover Lithium joint venture's direct lithium extraction technology moves toward commercialization, Standard Lithium says.

Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run

Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.