OTC Sees Another Annual Drop in Attendance
The Offshore Technology Conference (OTC) kicked off on April 29 at the NRG Park in Houston, Texas, and it lasted through the week of May...
Technology
Virtual Reality Safety Simulator Prove O&G Industry Must Not Be Complacent on Training Workers
Lloyd’s Register (LR), a leading global provider of engineering and technology-centric professional services, put delegates attending OTC 2017 in Houston, Texas, through their paces with...
Joint Venture to be Formed by Schlumberger and Weatherford
by Tim McNally
On March 24, Schlumberger and Weatherford announced an agreement to create a joint venture known as OneStim. According to a joint release by the companies,...
Exxon Mobil Looks to Build Petrochemical Plant in Texas
by Tim McNally
Exxon Mobil’s and Saudi Basic Industries Corps’ joint plan to build a new petrochemical plant saw significant advancement on March 21, as a school board...
Save Millions by Reducing Engine Idle Time
When oil was selling for more than $100 per barrel, most operators were not concerned about penny-pinching or using the most efficient processes available to...
Automated Data Reporting Saves Time and Money
With low oil prices, operations managers seek the most accurate data available to them. This information allows them to make efficient financial forecasts and make...
International O&G Leaders Gather for CERAWeek
by Tim McNally
IHS Markit, a data analysis company, is hosting its 36th annual week-long conference in Houston, Texas starting on March 6th. According to the event’s website,...
Hydro-cutting Tool Slices Costs On Well Abandonments
by Tim Sharp
Cut-and-cap well abandonment procedures are generally dangerous, time and resource intensive processes relying on cooperative weather, and they become more complicated the worse the weather...
Electronic Tong Testing Stand Speeds Productivity
Productivity, efficiency and precision are key components of success in the oil and gas industries. Being able to implement systems and offer tools to experts and...
Improving SWD Value & Salability During Challenging Times
by Kurt Knewitz
The saltwater disposal (SWD) industry has changed significantly over the last five years thanks to advances in completion technologies such as fracking. SWDs have popped...