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
Skip to main content Is geothermal energy ready to make its mark in the US power mix? July 17, 2025 | Article Adam Barth   Clint Wood Maximilian Moosburger   Bobo Stankovikj Next-generation geothermal energy may soon be a cost-competitive way to fill the need for clean, firm power in the United States. â McKinsey, March 21, 2023.
The well was drilled under the guidance of engineer Vasily Semyonov, who worked for the Russian Imperial administration. The success of the Bibi Heybat well attracted attention from entrepreneurs, engineers, and governments, and it sparked what could be considered the first true oil rush in world history.
“Those savings would give operators the ability to reinvest in new energy production, helping drive domestic energy development while reducing the need for duplicative infrastructure”, the DOI said. billion in industry savings annually under the updated regulations.
McMullen, commented, “With these two transactions, we grew Mach’s production by 88% and we will continue to look for consolidation opportunities given our conservative balance sheet.” Register to attend. Key Highlights Attractively Priced and Immediately Accretive to Cash Available for Distribution $1.3
in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. Ron holds a B.Sc.
Production from the first well was delivered safely, on time and to budget. This marks the first of the next wave of subsea developments we are bringing on-stream to support production from our Norway business.” Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Harbour’s operated Maria field.
“Drilling of ‘Ain Dar began in 1948, with production starting in 1951 at an extraordinary rate of 15,600 barrels per day (bpd) of ‘dry oil’- which contains only a small amount of basic sediments,” the story noted. million stock tank barrels. billion barrels of oil. billion barrels of oil.
Longitude’s engineering scope comprises the detailed design of deep-water rigid jumpers, development of fabrication drawings, onshore and offshore handling procedures, offshore installation engineering, process and stress modelling, and key HSE studies and engineering workshops. “We
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. In the dynamic and demanding world of natural gas processing, the pursuit of efficiency is relentless.
Riley Exploration Permian Inc. has strengthened its position in the Permian Basin with the strategic acquisition of Silverback Exploration II LLC, adding high-margin production and a deep inventory of undeveloped locations in the prolific Yeso Trend. Riley , CEO & Chairman Company Background (Pre-Acquisition as of Dec.
The presenting company lineup as of July 14, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration APA Corp. The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Conference Dates: August 17–20, 2025.
Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with an impressive production capacity of 180 000 bpd of oil, 7.2 Petrobras). Petrobras). The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard, marking a significant and timely milestone.
SLB will deploy its Sequestri™ carbon storage solutions portfolio – which includes technologies specifically engineered and qualified for the development of carbon storage sites – to construct six carbon storage wells. Already a member?
Let’s explore the P2P platform and the all-new Foundations and Advanced subscriptions giving non-ops more ways to work with P2P datasets, visualize assets, and forecast production. P2P will also explore banking-as-a-service accelerated payments, lending support for royalty-based income and industry-standardized financial reporting.
It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. A successful formation test was completed, achieving a maximum production rate of 650 standard m 3 of oil per flow day through a 36/64 in. nozzle opening. Already a member?
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.
It is the essential step that ensures the natural gas powering everything from massive power generation turbines to critical industrial engines is clean, dry, and delivered at the precise specifications required for optimal performance. At the very heart of this progress lies a critical, often overlooked process: fuel gas conditioning.
We saw everything from “vibe code a production forecast” demonstrations to LLMs generating reservoir engineering functions. While these proof-of-concepts showed promise, they felt more like impressive tricks than production-ready tools. Watching attendees interact with Insight Engine in real-time.
Total investments are estimated at NOK 13 billion, with production expected to commence in the fourth quarter of 2027. This investment decision is in line with previous communication and is already reflected in Aker BP’s guidance for investments and production outlook. Already a member?
Read the article online at: [link] You might also like Reusing produced water Friday 27 June 2025 12:00 Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates. Already a member? All rights reserved | Tel: +44 (0)1252 718 999 | Email: enquiries@oilfieldtechnology.com )
We will explore the inherent challenges in gas separation, the mechanics of these innovative devices, and the tangible benefits they bring, including enhanced operational reliability, reduced maintenance, and superior product quality. Product Quality: Sales gas specifications demand very low levels of water and hydrocarbon liquids.
Its commercial Aurora power plant is engineered to produce 75 megawatts. uranium mining and production. The Mill also handles vanadium and is exploring medical isotope extraction for cancer treatment. The event, now in its 30th year, is the largest independent energy investment conference in the U.S.,
The reasons for subpar returns varied from rosy assumptions about input costs, productivity levels, and work-hour requirements to unrealistic views on market dynamics. The most important change, however, is in the power they wield: As suggested by their name, cancel authorities can decide a projectâs fate. Focus on competitiveness.
Northern Lights will integrate TGS’ Prediktor Data Gateway into its digital system to enhance management of the full CO 2 value chain, from the receiving terminal to permanent storage. By delivering real-time, reliable data, the software enables more efficient operations and informed decision-making across the entire CCS process.
The nation is undertaking a massive North Field Expansion project that will boost its LNG production capacity from 77 million tonnes per annum (MTPA) to approximately 126 MTPA by 2027. And they function as innovation hubs where solutions to industry challenges can be explored, tested, and refined.
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. âGross value added and income by detailed industry (NACE Rev.2),â
Viaro also plans to progress the nearby Blackadder exploration prospect, which is geologically analogous to Selene and well-positioned near existing Viaro infrastructure. Viaro also plans to progress the nearby Blackadder exploration prospect, which is geologically analogous to Selene and well-positioned near existing Viaro infrastructure.
This is whatâs known as range anxiety ; it encompasses the unease that can surface for the driver because of an electric vehicleâs (EV) limited driving distance (at least, compared with an internal-combustion-engine (ICE) vehicle), a lack of convenient charging stations, and the need to recharge frequently.
“We are pleased with our success in today’s bidding round, securing a new exploration opportunity in Brazil – a core country in our international portfolio. Equinor will now work to conduct necessary geological and geophysical assessments for future exploration activities. Already a member?
The project scope includes decommissioning the subsea flowlines, marking EnerMech’s first major decommissioning campaign in the region, the Aberdeen, Scotland-based engineering services firm said in a news release. The DDCV floats vertically and is nearly 150 feet in diameter, incorporating both drilling and production facilities.
On the vendor/supplier side, Houston-based Vertice Oil Tools acquired Greenwell Engineering Inc. Click here to listen to the Audio verison of this story! Change comes to every sector of the oilfield, working its way through the various niches. It’s been a momentous 2025 for the wireline niche. based RPC Inc. 245 million. on April 15.
AOC), the intervention aims to safeguard production flow and well integrity for at least three years. Read the article online at: [link] You might also like Reusing produced water Friday 27 June 2025 12:00 Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. Benefitting IN!
About the research Five- and ten-year automation impact projections are outputs of the McKinsey Global Instituteâs proprietary automation model, which performs a bottom-up assessment of productivity potential by role and task. How should consumer leaders reshape functions, roles, and activities in anticipation of this future state?
The contract covers the provision of Offshore Shutdown Support Services for the Triton floating production, storage and offloading (FPSO) vessel, located approximately 120 miles east of Aberdeen in the North Sea. This reflects our continued investment in innovation and our highly skilled team. Already a member?
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. ” Exposure to CO 2 can pose serious health and safety hazards. Already a member?
The well is also designed to encounter three additional exploration horizons (Prince Creek, SMD-C and the Slope Fan System), none of which have any resource estimate attributed to them at the present time, but offer additional upside potential if successful. Already a member?
Now a common practice globally, MPD is advancing novel methods and technologies that will push drilling beyond the conventionally un-drillable — and into the next frontier of subsea exploration. MPD is not a singular, standardised process, however.
This latest agreement underscores EnerMech’s growing reputation as a trusted partner in offshore lifting operations and maintenance, reinforcing its long-term commitment to supporting safe and efficient production in the North Sea. Already a member?
This might include incorporating renewable energy sources, implementing energy efficiency measures, and exploring ways to reduce the carbon footprint of operations. Environmental Specialists explore new technologies that can help minimize environmental impacts and improve sustainability. Flowback Consultants.
Houston-based exploration and production company EOG Resources (NYSE: EOG ) bought Encino Acquisition Partners for $5.6 “The engine of M&A over the last few years has sputtered and stalled, given there are just a few remaining targets,” Dittmar said. During the second quarter, U.S. billion in June.
A logistics coordinator in the oil and gas industry plays a crucial role in ensuring the efficient movement of materials, equipment, and personnel to support exploration, production, and distribution activities. They need to ensure that the right materials are available at the right time and in the right quantities.
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