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.
Improved optimization could enhance the returns sought by oil and gas investors.
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.
New research shows a sharp increase in expected low-carbon investment this year by oil and gas companies, despite volatile market conditions.
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.
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.
Amid a looming talent crisis and an aging workforce, the energy industry must adopt new strategies to attract fresh talent.
A new downhole safety valve will create an improved well control tool for cable-deployed ESPs retrofitted to production wells.
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.