This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution. Already a member?
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Most of this water goes back into the producing formations via injection wells as part of IOR and EOR programs to get more production from ageing fields. As fields age, they generate higher water to oil ratios.
The Placing was undertaken on the back of three key recent catalysts for the Company: The Company delivered a highly successful production test on the State 36-2R well. Cash flow from the Williston production will be used to fund the planned Paradox Basin development.
For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness. Failure to meet this spec can result in costly penalties or even a refusal by the pipeline to accept the gas.
Estimated success case of NPV10% circa US$10 900 000 net, based on a US$65/bbl oil price. Secondary targets productive in the immediate area include the Prue Sands, Red Fork and Base Pennsylvanian Sands. Cost to drill, complete and develop circa US$1 100 000 net, including back costs of US$236 800. Already a member?
Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. For example, the cement industry relies on the calcination process for cement production.
billion more than current government estimates. This additional production could add £165 billion in economic value, with a total of £385 billion if the UK meets half its oil and gas demand from domestic sources, supporting jobs, investment, and public services across the country. These resources include: 0.5
Greenwell expects to “bring an expanded pipeline of new wireline and completion technologies to market.” They do cased hole work, both vertical and horizontal production. The other 60 percent is well logging, toe preps, and workover and production work. We’ll run that down to make sure that the wellbore is clean.”
An Engineering Technician in the oil and gas industry plays a crucial role in supporting engineers and other professionals in various technical tasks related to the exploration, extraction, and processing of oil and gas. This can include drafting plans for equipment layout, pipeline systems, and other components of oil and gas facilities.
Perenco recently announced the completion of the tests at the depleted Leman natural gas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations. Already a member?
This deployment features the second-generation Latch Hawk system, which includes key advancements such as novel sensor technology, enhanced shock and vibration resistance, a more robust casing design, cloud-based digital condition monitoring and an extended battery life of more than seven years. Already a member?
Growth in the generative AI era looks like a classic case of âtwo steps forward, one step back.â As companies come to grips with the unique complexities of gen AI, initial progress leads to reversals and redos, in some cases threatening to stop development altogether.
To scale impact in the agentic era, organizations must reset their AI transformation approaches from scattered initiatives to strategic programs; from use cases to business processes; from siloed AI teams to cross-functional transformation squads; and from experimentation to industrialized, scalable delivery. trillion to $4.4
Let’s explore the journey of natural gas from its formation to its use as a reliable energy source. After processing, the gas is transported through a vast network of pipelines to homes, power plants, and businesses. Industrial Uses – Factories use natural gas in manufacturing, refining, and chemical production.
Judge Sarah Vance of the Eastern District of Louisiana dismissed a suit in which plaintiffs claimed that oil and gas production and pipeline companies’ activities in South Louisiana marshes contributed to the destruction wreaked by hurricanes Katrina and Rita. Columbia Gulf Transmission, et al.
The Investor may elect to participate in opportunities at its discretion, on a case-by-case basis, after conducting its own financial and technical verification. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.
QEP Energy Company , the Western District of Louisiana rejected, for the second time in this case, Plaintiffs’ claims seeking a disgorgement of QEP’s profits. This case was handled by Paul Adkins of Liskow’s Baton Rouge office. Accordingly, the district court granted summary judgment in favor of QEP as to all of Plaintiffs’ claims.
.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.
July 21, 2025 | Article Talent excellence presents a new industrial imperative in today’s production ecosystem, and leaders need a fundamental mindset shift to meet it. When frontline production workers are saying that, companies can rest assured theyâre doing something right. Productivity growth is slowing across the globe.
Enterprise Products Partners, L.P., a case previously featured on the Blog. This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma.
RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holder’s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.
"For new assets, we will seek both to increase that footprint in Oman, and also acquire assets in other preferred jurisdictions that we have identified as attractive to Genel, with a focus on adding production assets that increase the cash generation and resilience of the business, and provide potential for further growth. "In EBITDAX1 1.1
112(n)(4), establishes a non-aggregation standard for exploration and production facilities, specifying that HAP emissions from oil and gas wells and compressor stations should not be aggregated for major source determinations. Background Section 112(n)(4) of the Clean Air Act, 42 U.S.C. § 7412 (n)(4)(A).Section 7412 (n)(4)(A).Section
Overview The combination of AWS generative AI, S&P Global Enterprise Data Management (EDM) for Energy, and Esri ArcGIS tools orchestrates a harmonious symphony in subsurface exploration workflows within the energy sector. The EDM for Energy workflow also supports data exploration and analysis capabilities.
Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. How did this happen?
The United States and the West Virginia Department of Environmental Protection alleged that the company impounded streams and discharged dirt, sand, rocks and other materials into streams and wetlands without permits to construct well pads, pipeline stream crossings, surface impoundments, and other structures relating to natural gas extraction.
With the prevalence of cases involving royalty disputes in Texas, the state’s Supreme Court has never hesitated to address these issues. One aspect of royalties that gets a significant amount of attention from Texas royalty owners is post-production costs. Heritage Resources , 939 S.W.2d 2d at 120-21. Heritage Resources , 939 S.W.2d
Seismic data is crucial for exploration and production activities in the oil and gas sector, because it provides valuable insights into the subsurface geological structures and potential hydrocarbon reservoirs. The TGS Imaging AnyWare processing software manages the ML models from testing to production by using its HPC environment.
In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations.
Investors are turning to private oil and gas companies, such as Aresco LP , to explore direct investments in exploration and development projects. For many in the industry, these policies limited growth and deterred investment in domestic energy production. interests domestically and abroad. Over the past few years, U.S.
We believe, however, that the opposite is the case, and that private real estate companies can thrive when they focus on making both students and universities winners. More recently, there have been media reports exploring uncertainty over student visa policy and how it might affect international-student enrollment.
Explore MGI research on Geopolitics and the Geometry of Global Trade About that grinding sound youâve been hearing: Not to alarm you, but thatâs the tectonic plates of global trade shifting. 4 There is no single cross-country definition of what constitutes a âcriticalâ product. Annual GDP growth is taken to be 3.6
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content