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Tunable technology improves operational efficiency in the Eagle Ford A case study performed in the Eagle Ford has proven that tunable technology can help achieve greater efficiency gains in developing unconventional reservoirs. January 2019 /// Vol 240 No. 1 Special Focus Jeff Long, Dan Fu, Christine De Sario, BJ Services As the development of unconventional reservoirs […]Read more "Tunable technology improves operational efficiency in the Eagle Ford"
LONDON (Reuters) – Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said. Exploration and production, known as the upstream industry, requires energy firms to analyze huge amounts of seismic and geological data and […]Read more "Digitalization can save oil upstream business $73 billion a year: Woodmac | Reuters"
The Houston economy has largely recovered from the two-year oil downturn that began in 2014 and economic indicators suggest solid growth ahead for the region, according to analysis by a University of Houston economist. The local economy, after struggling in recent years, is again adding jobs at a strong pace, supported by oil prices above […]Read more "Forecaster: Houston economy has recovered from downturn – HoustonChronicle.com"
The first clear indication that I had entered an area experiencing an oil boom was the Halliburton Co. office with a “Now Hiring” sign out front on the north side of Artesia, New Mexico. Next came a couple of equipment rental places with some unfamiliar-looking equipment on their lots, then the first of what were […]Read more "$540 for a night at Super 8 motel and other lessons from a drive through Permian Basin | Energy | Dallas News"
Horizontal drilling was rarely used in the Permian Basin through the 1980s but advancements in the technology have sent the region’s oil and gas fortunes soaring. “All of us who have been here a long time have seen a lot of things come and go,” said Mike Party, president and owner of Beryl Oil and […]Read more "Horizontal drilling boosts Permian Basin’s fortunes – Midland Reporter-Telegram"
Texas Oil and Gas Association invites you to register for Texas Energy Day at The Capitol. Come, engage, influence and discuss national energy concerns with new proposed Federal regulations on oil and gas producing states. #kristenoctgRead more "Texas Energy Day | Oil and Gas Fields #oilandgas "
Energy companies have had a tough time over the past year trying to weather the storm of falling commodity prices. But the political and financial winds are creating a perform storm raising more “above ground” problems at a time when we’re going through massive changeRead more "Pink Petro: The Perfect Storm: Managing Political Risk in Energy. "