CGG seismic technology providing new perspective on Northwest Texas plays
CGG Multi-Client & New Ventures have been applying seismic technology in the Delaware Basin to overcome the challenge of a near-surface evaporite formation.
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CGG Multi-Client & New Ventures have been applying seismic technology in the Delaware Basin to overcome the challenge of a near-surface evaporite formation.
The report has also found that that only 39% of asset managers already implement advanced digital methods of maintenance and risk management, of which 26% are using risk-based inspection (RBI) and 13% are using reliability centred maintenance (RCM).
The technology will help oil production companies, especially operating in cold climate regions, overcome the challenges associated with the transportation of waxy crude oils and the mitigation of wax deposition.
The biggest M&A deal of 2Q19 was Occidental Petroleum’s acquisition of Anadarko Petroleum for US$55 billion.
US Light Tight Oil (LTO) represented less than 1% of global oil supply nine years ago but now represents close to 10% of total global oil supply, a percentage which is expected to continue its ascent going forward.
Forum will provide global sales, distribution and support of Olis remotely operated vehicles (ROV) controllers for the offshore energy market.
The research and business intelligence company is forecasting a 4% decline in global oilfield service revenue if oil prices stay flat next year.
The OOC Oil & Gas Blockchain Consortium, whose members include Chevron Corp., ConocoPhillips, Exxon Mobil Corp., Equinor and Royal Dutch Shell, has awarded a contract to Data Gumbo to pilot blockchain technology for water handling services.
The laboratory is part of a global Clariant initiative to expand HTE capabilities to all Clariant Business Units, including direct support for oil services in North America, the Asia Pacific region, Latin America, Africa and the North Sea.
Among the cloud applications released are Scalable Earth Modeling, Full-Scale Asset Simulation, Data Foundation and Real-Time Control – Edge.
The treatment programme is designed to maximise the performance of declining wells, reducing the need for new drilling to maintain production rates.
After a recently completed expansion of the regional airport, Lea County will be augmenting the existing non-stop United Express daily flight service to Houston with a new route to Denver, Colorado which begins on 27 October.