U.S. Oil Industry Faces ‘Very Uncertain’ Future
Crude oil prices have firmed up from its crash one month ago, but the industry’s reduction in capital expenditures and decline in future drilling will...
Upstream
Natural Gas Outlook Remains Bleak Through 2020 and Affects Major Gas-producing Shale Operators
Natural gas prices have struggled in early 2020, hitting record lows due to U.S. dry gas production being at a record high – which has...
Total’s Upstream Business Better Placed to Weather 2020 Market Volatility Than its European Peers
Total SA’s (Total) robust upstream business tops the European majors’ peer group when assessed against the impact of COVID-19 and the current oil price volatility,...
Global Oil and Gas Contract Activity Reports Downtrend Amid COVID-19 Outbreak During Q1 2020
The global oil and gas industry has witnessed a significant slowdown in the number of oil and gas contracts and contract value, which is largely...
Asia and the Golden Age of Gas
From Malaysia and Singapore to new frontiers like Myanmar, firms are looking for ways to reach first gas efficiently and cost-effectively in the face of...
Geomechanics, the Nemesis of the NPT
In the oil industry, project calculations are made based on two values: time and investment, making it clearer than ever that time is money. For...
Management of Water Control for the Best Use of Hydrocarbon Reserves
It is well known that in the oil industry the production of hydrocarbons in many cases leads to the production of unwanted fluids, generally water....
Why Drill a New Well When You Can Reactivate an Inactive Well?
The production of hydrocarbons is the most essential part of the energy world since, from this, hydrocarbons are obtained and delivered for the different processes...
Sailing Into the Eye of the Perfect Oil Storm: COVID-19
Stories from members of the offshore oil and gas tribe as they work to keep the sails trimmed and the ship afloat during the turbulent...
Shareholders Prioritized as Big Oil’s First Quarter Earnings Slump
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized...