White Papers
The biggest risks in oil & gas acquisitions? Check the IT department
It’s true: Big, unpleasant surprises can lurk in the IT department. When making an acquisition, you may need to stand up new IT systems quickly – or continue to pay for IT services under costly transition services agreements. In the extreme, shortcomings can prevent timely payments to stakeholders, sparking litigation.
Supply Shortage in the Making
Analysis suggests that the U.S. could face a supply squeeze in the short to mid-term that will likely drive up commodity prices. As global economies gradually emerge from the Covid-19-induced contraction, the U.S. Energy Information Administration (EIA) estimates an increase in global oil demand of 6% in 2021. The supply side, on the other hand, shows a different trend. TGS analysis indicates a dramatic decrease in rig count, well shut-ins, high decline rates in unconventional wells and other challenges associated with shale production point to lower U.S. oil output in the near-term.
Open Secure Remote Operations: A Vision Fulfilled
COVID-19 dealt a serious financial blow to the oil & gas industry, causing many companies to rethink their deployment of engineering resources. Learn how to improve efficiency through real-time monitoring and control of distributed equipment.
A New Approach to The Capital Stack Oil & Gas Projects
With bankruptcies mounting in the North American oil and gas industry, the part of the sector backed by alternative asset managers is staring down a phase of consolidation and contraction as energy investors lose their trust in private equity.
Driving Operational Efficiencies with Digital Technologies
Digital technology is helping oil and gas companies extend and increase the efficiencies gained through hardware-centric initiatives. In fact, Quorum software is driving innovations in oil and gas that are positioning our customers for long-term success and profitability.
Whitepaper: Why Are Some Deepwater Plays Still Attractive?
A sustainable future for the industry in deepwater is further investment in proven sweet spots and a search for similar plays. The two prime characteristics of these sweet spots are exceptional reservoirs at unexceptional depths. Expensive deepwater wells must add as many barrels as possible. The industry is making progress developing deepwater finds. Projects sanctioned since 2012, and green fields now approaching FID, will together recover over 30 billion barrels of oil. These fields need just US$42/barrel on average to achieve a 10% return. Better reservoirs break even at lower prices.
Production Optimization - Allocations Enablement
Sponsored by Quorum, IDC Energy Insights has conducted significant research on the oil and gas market and its struggles to become more operationally efficient.
Prop and prevent: A new single‐treatment approach to blocking scale in deepwater wells
The high‐pressure and fluctuating temperatures intrinsic of the deepwater environment provide an ideal incubator for the generation of inorganic scale, long recognized as one of the oil and gas industry's costliest, and most formidable, flow assurance issues.
Big Data and Analytics Applied to Oil and Gas
Current market volatility is proof positive that optimization is a must in the oil and gas value chain. Companies that leverage data to improve business processes will not only survive, but thrive during market downturns and dominate the industry on the next upswing.
Industrial IoT: From Concept to Reality
For the Oil & Gas professional interested in digital innovation and IoT, this eBook walks through the five stages of IoT progression and describes the value each can bring to this industry.