Production

Energy companies in the United States have reduced the number of operating oil and natural gas rigs for the second consecutive week, reaching the lowest count since January 2022, according to Baker Hughes' latest report.

The acquisition, completed on May 3, allows ExxonMobil to more than double its footprint in the Permian basin, combining Pioneer's substantial acreage and industry expertise with ExxonMobil's technological leadership and financial strength.

NOG's production surge was largely driven by exceptional performance in the Permian basin, which saw a sequential quarterly increase of 6% and represented record volumes for the company in the basin.

The company, serving as operator with a 75% stake alongside ONHYM at 25%, has initiated drilling at the Gaufrette prospect with the spudding of the RZK-1 well.

Halliburton Company has recently unveiled GeoESP lifting pumps, a cutting-edge submersible borehole and surface pump technology tailored for geothermal energy applications.

Understanding todays oilfield industry's electrification challenges is undoubtedly no easy task. With the mounting environmental mandates, continued pressure to manage operating expenses, and lowering emissions at the project site, it makes more sense than ever to have a power engineering partner. Investing in technology that will not only get your project up and running quicker and under budget but that’s' as well environmentally friendly. During this 60-minute webcast, we will discuss the topics facing the Upstream & Midstream Oil & Gas Industry and examine oilfield electrification methods to obtain greater operational efficiencies and also a means to reduce emissions by meeting and exceeding environmental requirements.

During this 60 minute live webcast, Moderator, Joe D. Woods, President, International Pinpoint, will lead discussion on these topics: 1) "Exceptional Gas Separation Performance Enables High Production Targets and Long-term Reliability," presented by Brian Ellithorp, President, BlackJack Production Tools and Echometer UPS. 2) "End-to-End Rod Control Expands Rod Lift Potential," presented by Jonathan Martin, Co-Founder, President, Black Mamba Rod Lift. 3) "Advancing Artificial Lift with Artificial Intelligence," presented by Ron Holsey, Vice President, Theta Automation and Optimization, ChampionX.

In this webinar, industry experts Patrick Hayes and Dr. Sudiptya Banerjee will demonstrate the value of using chemical tracers as an essential technology throughout all phases of a reservoir E&P lifecycle with a focus on hydraulically stimulated wells. After outlining the different methods of tracer monitoring and guidelines for tracer selection, the webinar will explore the value proposition for using chemical tracer technology during and after exploration through a series of illustrative case histories. By the conclusion of this talk, attendees should understand how tracers can provide insight into their reservoir and production strategy.

iProduction™ is a modern approach to multi-well processing focused on the reduction of GHG emissions. This includes well pad processing, gathering lines, and central processing facilities under a single digital interface with autonomous control. In this webcast, Laura Schilling and Isabel Chan will be detailing how TechnipFMC’s iProduction™ ecosystem can effectively address the facility GHG challenges of the future and reduce LP flaring by 60%. iProduction™ also has a smaller footprint, lower total cost and uses modules prefabricated offsite for faster field startup and lower operating expense. Our customers that have adopted this ecosystem have seen operations becoming more streamlined, reduce GHG emissions, reduce capital, and decrease time to first oil. Our propriety AOS is the dynamically optimizing heart of iProduction™.

With oil prices hitting decade lows and energy activities downsized during a global pandemic, operators globally are seeking assurance that every spend drives a strong return on investment. Yet many completion and production choices are made in an environment of uncertainty, making technology that can inform well design and operational planning more crucial than ever. Chemical tracers are one such tool. A proven and reliable method of reservoir surveillance, tracer studies have demonstratable value for quickly and accurately adapting field strategies to real-time market needs. Whether a conventional or unconventional field, a properly designed and utilized tracer study has the potential to reduce lifting costs, improve production, and mitigate risk to CAPEX/OPEX spends. In this webinar, industry experts will provide an overview of current tracer technologies, dispel marketing myths, and detail a holistic use of tracers and the value added for multiple case studies across the globe. Application of tracers in hydraulically fractured wells, extended-reach well inflow studies, and flood-driven EOR case studies will all be covered. By the conclusion of this talk, the audience will have a working knowledge of the frontiers of tracer technology as well as an understanding of how this potent, low-risk, and low-cost tool can innovate their current field production plans.