Exploration and production — rigs, reserves, basins and the companies bringing hydrocarbons to the surface.
South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries each…
Road transport accounts for over 45% (up to a half) of global use of oil. In particular, in the United States of America, the most “automobile”…
Austin, TX – Enverus, the leading oil and gas SaaS and data analytics company, has released The Street Strikes Back, a new report in its FundamentalEdge…
The size of the Permian Basin in southeastern New Mexico has inspired economic development officials in Lea County to find ways to help the oil and…
The global mergers & acquisitions (M&A) and raising activity in the upstream oil and gas sector totaled US$130.5bn in Q2 2019. This was a substantial increase…
India and Russia on September 04, 2019 signed a five-year road map for cooperation in the energy sector. The energy pact was one of 15 pacts…
HOUSTON — Opportunities and Challenges in the Permian, a white paper commissioned by Hastings Equity Partners in partnership with the University of Houston Energy Research, has…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, announced today that it has changed its corporate name to Enverus. Marking both the…
Total oil & gas industry M&A deals in July 2019 worth $9.89 billion were announced in the U.S., according to GlobalData, a leading data and analytics…
There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil…
A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer…
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79 percent increase on Q1’s value of US$23.4bn according to…
Tucker, GA — Anue Water Technologies, the leading manufacturer of high-efficiency Ozone and Oxygen generation systems for the elimination of odor, corrosion and FOG (fats, oils…
In recent years, we’ve watched as environmental activists have adopted more aggressive tactics designed to block the development of infrastructure projects that benefit our nation, at…
AUSTIN, Texas – Curious trends are happening in the Texas oil and gas industry, according to the Texas Alliance of Energy Producers March Texas Petro Index…
Petroleo Brasileiro SA (Petrobras) is expected to deploy 17 planned and announced floating production, storage and offloading vessels (FPSOs) globally during the outlook period 2019–2025, the…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, released a new analysis focused on Friday’s announcement that Chevron would acquire Anadarko Petroleum…
Geologists have dictated that natural gas and crude oil go hand-in-hand. If operators were to dig up a hole for one, there will also be a…
Among the most important challenges being faced by the oil and gas industry nowadays is the growing complexity of their supply chains. This is due to…
Drilling opponents, news organizations, gas companies, and members of Congress alike have been spreading some controversial rumors about natural gas. All the bold claims were made…
While shale gas drilling or hydraulic fracking has transformed the energy market in the U.S., it brings about its own plethora of environmental challenges. One of…
It is no secret that infrastructure in the oil and gas industry isn’t getting any younger. Climate change, urbanization, migration, and population growth put further strain…
Austin, Texas – Drillinginfo, the leading energy SaaS and data analytics company, reported today that U.S. oil and gas M&A deal values have plunged to a…
It’s been a whirlwind of a ride since the release last month, but the star of Ty Roberts’ The Iron Orchard, Lane Garrison, was able to…
As of January 1, 2020, the International Maritime Organization (IMO) will begin enforcing a new regulation that caps the allowable sulfur content of all marine fuels…
Major oil and gas companies are increasingly highlighting the alignment of their corporate strategies with climate change goals. They are also pursuing major production growth projects,…
A hot topic for the oil and gas industry for quite some time now has been the recurring employment problems. One of the top barriers to…
While the oil and gas industry is seen exploiting digital technologies and cost-effective concepts of operations, they are also inviting security problems. The industry’s increasing dependence…
The price of crude oil continued its recovery last week on news of a reduction in oil production worldwide and positive economic news. The Organization of…
A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Royal Dutch…
Houston, TX – Trendsetter Engineering has successfully completed the design and build of subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field…
The FPSO market size is anticipated to surpass USD 30 Billion by 2025 and is set to witness vigorous growth on account of shifting trends toward offshore…
A total of 305 deals with a combined value of US$47.9bn were registered in the upstream oil and gas industry in Q4 2018, according to GlobalData,…
Nowadays, executives in the oil and gas industries have discovered new methods of maximizing the value and reliability of their respective assets with asset management. This…
In the year 2018, there was a lot of evidence for Oil and Gas companies all over the world that required them to step up their…
Hydraulic fracturing, which is also known as fracking, is one of the many methods used for oil extraction. It has been seen in the past decade…
It was found quite recently that Mexican Ports increasingly need larger storage capacities due to the ever-evolving situation of the energy industries. This is why most…
A noticeable trend in the past couple of years is that the oil and gas industry was constantly experiencing a bumpy road on a global scale.…
Preventing damages caused by corrosion can extend the life of all the steel structures that are employed in the oil and gas industries alongside increasing the…
Cybersecurity signifies the protection of data, networks, and systems from potential cyber attacks with the help of a plethora of technologies, controls, and processes. With the…
Most of the CEOs from the industrial sector have heard a statement from their customers quite often. “Why can’t you deliver a service that is as…
Big Data is a concept which signifies the growing volumes, varieties and velocities of data. This concept is very familiar and relevant to the oil and…
Every year, oil and gas companies can be seen investing millions of dollars in order to better understand the future outlook of their job sites. This…
We are currently in the middle of a technological revolution, and the signs are all around us. Go ahead and name any tech buzz words such…
Using the information obtained from the number of mentions, online engagement, and qualitative expert analysis, GlobalData Intelligence Center was able to deduce oil and gas industry…
For the past decade, oil and gas operators have been experiencing increasingly rapid and competitive regulatory and market changes. This is due to firms needing every…
In the deepwater Gulf of Mexico (GoM), the existing pipeline and platform infrastructure have made tie-back opportunities a preferred way to optimize cost and commercialize discoveries,…
HOUSTON – April 5, 2018 – C-Innovation, LLC (C-I), an a?liate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP…
Artificial Intelligence and Robotics Pushing Boundaries in Offshore O&G To say times were different when the first Gulf oil well went into service is a bit…
In early February the Trump Administration ended the ban on offshore drilling implemented by Barack Obama late in his term. It was intended to cement his…
