Production
News
January 14, 2024
Gross production from the Dussafu license averaged 22,500 bopd in the quarter, amounting to a total gross production of 2,073,000 MMbpd for the period.
News
January 12, 2024
Total production jumped by 336,822 bpd to 4.16 MMbpd, the highest in data stretching back to 2010, according to the Alberta Energy Regulator’s website. Output over the first 11 months of the year averaged 3.79 MMbpd, versus 3.73 MMbpd for all of 2022, the data show.
News
January 10, 2024
Reservoir Xaminer service is designed to provide fast, high-quality, and customized data, even in the toughest conditions.
News
January 10, 2024
America’s record oil production today is largely due to policies from previous administrations. Washington can and should unite around American energy from diverse sources – including continued access to oil and natural gas.
News
January 10, 2024
Russia’s crude output in December was almost 60,000 bpd lower than the prior month and some 375,000 bpd below the February baseline for its production curbs. Russia has pledged to reduce its crude output by 500,000 bpd until the end of this year.
News
January 09, 2024
Forum Energy Technologies, Inc. has completed the acquisition of Variperm Energy Services, a leading manufacturer of customized downhole technology solutions, providing sand and flow control products for heavy oil applications.
News
January 05, 2024
The African nation’s December exit from OPEC came after the group imposed a much lower production limit. The tighter cap was too much for Angola, which is making efforts to boost investment after many years of underinvestment and production decline.
News
January 04, 2024
OPEC pumped an average of 28.05 MMbpd in December as it persevered with supply restraints agreed earlier in the year, according to a Bloomberg survey. Reductions by the United Arab Emirates and Angola were offset by other countries such as Nigeria.
News
January 03, 2024
OPEC+ agreed at its last meeting in November to deepen existing production cuts this quarter by around 900,000 bpd.
News
January 02, 2024
Chevron Corp. will book fourth-quarter charges of $3.5 billion to $4 billion, citing assets it sold in the Gulf of Mexico and policies in California prompting the company to slash investments in the state.
Webcast
Unveiling Secure Controllers for Efficient and Automated Operations
November 16, 2023
Baker Hughes
Artificial Lift secure controllers are revolutionizing and shaping the future of the oil and gas industry by enhancing operational efficiency and automation. Discover the cutting-edge advancements and immense potential of secure controllers, while also conducting a thorough gap analysis for field automation. Furthermore, gain a comprehensive understanding of the critical IT cybersecurity requirements associated with these controllers.
Webcast
Decarbonizing Oil and Gas Production by Getting Closer to the Action
September 27, 2023
SLB
Success in oil and gas has historically relied on maximizing production at the lowest cost per barrel. Now the imperative to decarbonize introduces a new critical performance metric—achieving ROI at the lowest carbon emissions per barrel. With increased pressure on majors, NOCs and independents alike, producing oil and gas with lowest possible greenhouse gas (GHG) footprint is quickly becoming a priority for both new and existing assets. But where to get started? In this webcast, SLB experts will dive into some root causes of GHG emissions in production operations.
Webcast
Eliminating Costly Workovers to Advance in Oilfield Efficiency
August 23, 2023
Baker Hughes
Electrical submersible pumps have been in use for a long time, but conventionally they are installed inline with production tubing. By eliminating the need for a rig after the initial install of the permanent completion, customers save significant cost, reduce carbon footprint, reduce mobilization time, and minimize deferred oil production.
Webcast
Leveraging production facility and methane event data to maximize production while reducing emissions with TechnipFMC’s e-Mission™ Suite and Kuva Systems
August 09, 2023
TechnipFMC
e-Mission™ Suite is a configure-to-order composable digital twin solution that consist of four applications: Thermal, Methane, Tank, and VRU. These offerings provide actionable operational insights to reduce flaring and methane emissions while improving asset integrity for production facility equipment that will aid in meeting net zero goals.
In this webcast, Laura Schilling will be detailing how TechnipFMC’s e-Mission™ Suite leverages production facility and methane event data to maximize production while reducing emissions. Stefan Bokaemper will be explaining how the data captured with Kuva Systems is utilized to identify methane emission events that will aid in determining potential root causes.
Find out more on how these technologies can enable production facilities to reach their net zero goals.
Webcast
Oil & Gas Forecast 2023
February 22, 2023
IPAA, Universal Pressure Pumping, Oil States, WOM
Now in its 97th year, the World Oil Forecast is one of the upstream oil and gas industry's most trusted sources of projections and data relating to global E&P activity. Utilizing data collected from proprietary surveys of governments and operators in the U.S. and worldwide, this definitive industry report includes projections for spending and activity, worldwide drilling and production, and an analysis of political factors impacting the U.S. and international oil and gas industry. Now, more than ever this information will help market leaders make decisions relating to their businesses.
Article
December 2021
The dramatic rise in orphaned oil and gas wells, combined with multi-well pads and their own set of P&A issues, poses unprecedented challenges to oil and gas companies. Mitigating these challenges and potential risks will require well control experts, who take a new approach and leverage advanced technology and expertise.
Article
December 2021
Wild Well Control says operators should consider environmental concerns during well planning, including location, access points, proximity to water, and other issues that can make a difference between an expedited, efficient and safe blowout scenario and one that is complicated, costly and dangerous.
Article
December 2021
Despite exacting a heavy environmental and financial toll, routine flaring remains a persistent practice in the oil and gas sector. The technical solutions for ending flaring are both practical and financial in nature. Three hurdles are commonly faced when implementing flare gas to power projects.
Webcast
Find Out How Your Competitors are Slashing Lifting Costs and Eliminating Production Interruptions
September 09, 2021
Baker Hughes
Join Baker Hughes production experts as they explore these results and provide insights into the Production Solutions that generated them. These solutions — which start with a clear understanding of the specific basin, the reservoir, and their chemistry and unique challenges — eliminate premature failures of ESPs and surface systems while simultaneously helping operators prioritize and optimize their chemical spend. Our experts will take your questions about how Baker Hughes Production Solutions can keep your lifting costs lower and production rates higher.
