The Latest
Subsea
Worley Wins FEED Contract For Total’s GoM North Platte Field
Worley has been awarded a FEED contract for Total E&P USA’s North Platte field development in the Gulf of Mexico (GoM), the company said on Jan. 23.
Exploration & Production
E&P Completions And Production: Unlocking Value In Well Designs
Improved optimization could enhance the returns sought by oil and gas investors.
Logistics
Basic Energy Services Joins OFS Portal
OFS Portal said on Jan. 22 that Basic Energy Services has joined the organization as a supplier subscriber member.
Completions
Top Bakken Producer Turns To Cold Bore SmartPAD To Digitize Completion Operations
Cold Bore Technology Inc., a leader in fracking completion optimization technology that secured its second round of funding by Rice Investment Group back in 2018, said Jan. 22 that one of the largest oil producers in North Dakota’s Bakken Formation has integrated the company’s proprietary SmartPAD technology.
Investment
2020 Outlook: Energy Transition To Take Center Stage For Oil Industry
New research shows a sharp increase in expected low-carbon investment this year by oil and gas companies, despite volatile market conditions.
Logistics
DCP Midstream, Apergy Team Up To Improve Oil, Gas Operations Using AI
DCP Midstream LP and Windrock Inc., a subsidiary of Apergy Corp., have agreed on Jan. 21 to jointly develop a first of its kind set of digital solutions that combines artificial intelligence (AI) and industry expertise to increase asset reliability, enhance safety, and improve efficiency.
Earnings
Baker Hughes Profit Misses On Waning LNG Equipment Demand
Baker Hughes also reported North America revenue in its oilfield services unit fell 15% from a year earlier to $1.04 billion, echoing results from rivals Schlumberger and Halliburton.
Business
2020 Energy Innovators: Fueling The Next-generation Workforce
Amid a looming talent crisis and an aging workforce, the energy industry must adopt new strategies to attract fresh talent.
Technology
E&P Tech Watch: Safety Optimization For Cable-deployed ESPs
A new downhole safety valve will create an improved well control tool for cable-deployed ESPs retrofitted to production wells.
Public Capital
Concho, Enverus Debut New Cost-Saving Product For Shale Producers
Concho Resources and Enverus teamed up to launch a new product on Jan. 21 that could save shale producers possibly hundreds of millions of dollars.