Production
Whitepaper
Finding a Better Lining for Free Water Knockout Vessels
July 13, 2023
Sherwin Williams
News
July 13, 2023
World fuel consumption will increase by 2.2 MMbpd— or about 2% — in 2023, a reduction of about 220,000 bbl from last month’s forecast, the Paris-based agency said in a report on Thursday. Demand nonetheless remains on track to hit record levels later this year, draining inventories substantially in the second half.
News
July 13, 2023
The acquisition includes Gulf Coast and Rocky Mountain oil and natural gas operations. These operations consist of proved reserves totaling over 200 MMboe, with 47,000 oil-equivalent bpd of current production.
News
July 10, 2023
During a meeting held on July 9 in Algiers between Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Toufik Hakkar, Chief Executive Officer of SONATRACH, several agreements were signed to strengthen the cooperation between the two companies in the production of natural gas in Algeria, the delivery of liquefied natural gas (LNG) to Europe, as well as the development of renewables in Algeria.
News
July 06, 2023
The system integrates in-well monitoring and control of gas lift well performance with surface analytics and automation to continually optimize gas-lifted fields, remotely and without intervention.
News
July 05, 2023
The UAE is “doing enough” to contribute to the OPEC+ supply curbs, Energy Minister Suhail Al Mazrouei told reporters in Vienna. He noted the large difference between the nation’s current output — seen at 3.07 MMbpd last month, according to a Bloomberg survey — and its full capacity of 4 MMbpd.
News
June 30, 2023
Laura Daniel-Davis, the Principal Deputy Assistant Secretary of Land and Mineral Management at the Interior Department, said in a letter released Thursday that the agency couldn’t dedicate its “limited resources” to establishing a phase down program, given “competing priorities,” including implementing lease sales mandated by last year’s sweeping climate law.
News
June 30, 2023
The contract, awarded to Petrofac Emirates, is valued at approximately $700 million and involves the Engineering, Procurement and Construction of a new gas compressor plant.
Article
June 2023
Using normalized, dimensionless numbers, electric submersible pump performance can be calculated from the water performance at any viscosity and speed. A patented method accurately predicts the pump viscosity correction factors, including flow, head and horsepower, within 5% in the operating range of the pump from the water performance.
Article
June 2023
Electrical submersible pumping is a proven artificial lift solution for extending production life. However, conventional ESP systems often result in costly workovers and production downtime. By eliminating the need for a rig after initial installation of the permanent completion, operators can reduce costs, carbon footprint and mobilization time, while minimizing deferred oil production.
News
June 26, 2023
Drawing from microbial identification methods used by Irish whiskey distillers, microbiologists from Sherwin-Williams pinpointed the species of black mildew tarnishing ethanol tank exteriors – and identified a coating formulation with superior performance for preventing its growth.
News
June 23, 2023
Eni will acquire assets comprising Neptune’s entire portfolio, other than its operations in Germany and Norway. The German operations will be carved out prior to the Eni transaction, and the Norwegian operations will be acquired by Vår directly from Neptune under a separate share purchase agreement.
Article
June 2023
Operators can gain actionable insight into downhole operations, utilizing an innovative, non-intrusive monitoring system.
Article
June 2023
State-of-the-art automation and optimization are being honed by continuous advancements in digital sensors, remote terminal units for wellsite control and physics-based diagnostics software. The next evolutionary step is fully autonomous well control, demonstrated by an initial pilot project on a group of 100 rod lift wells.
Article
June 2023
By leveraging digitalization at scale to transform field production, the industry can reduce cost and carbon intensity per barrel produced while extracting maximum value from existing resources.
News
June 21, 2023
The strategic alliance and rig acquisition will support DHS Ventures & Holdings target of reaching 75 MMbpd production capacity and gas self-sufficiency for the UAE by 2030, along with plans to unlock its unconventional oil and gas resources.
News
June 21, 2023
This all-new acoustic array platform enables energy companies to find and map fluid flow throughout the well-reservoir system with greater ease and precision, helping them to keep wells safe, clean, and productive.
News
June 21, 2023
The Panther Production Pack series is engineered to deliver robust, fast-acting results, boosting completion and production levels to unprecedented heights. These effective additives allow oil field operators to confidently meet their drilling objectives.
News
June 21, 2023
Honeywell’s UPP Suite enables oil and gas companies to improve production efficiency and asset reliability while reducing operating costs with intelligent controls and predictive analysis packaged into one end-to-end tool.