require scalable and tech-powered oilfield services, many small-sized companies could seek exits at favorable valuations, spurring consolidation across the sector. Meanwhile, buyer interest for drilling rigs increased in 2024 with deal value reaching US$3.8 billion, its second-highest level since ...
"In spite of all the industry's promises, oil drilling in Kenai and other national wildlife refuges has left behind a disgraceful legacy of contamination, toxic chemical spills, and lasting damage to wildlife and wildlife habitat," said Robert Dewey, vice president for government relations at Def...
They mentioned that the developed approach would enable the drilling engineers to evaluate and optimize the drilling performance in real-time applications; hence, the surface drilling parameters can be controlled to maintain the drilling operations within the optimum conditions. Besides, AI techniques were...
In today’s RBN blog, we will examine the impact of lower interest rates on energy companies and whether they might affect plans to boost output and build new infrastructure. Read Blog Take It On The Run - Alaskan Crude Oil Production Set To Increase, But Where Will It All Go?
It’s heading for us all. The climate crisis is coming at us like a Kenworth T909 with failing brakes while oil companies act like reckless fools, drilling for more oil and gas, oblivious to the consequences. Are their heads that far underground that they can’t see what they’ve done ...
Indusoft’s Scorr Kortier sees OPC UA as slowly being embraced by oil and gas drilling companies. OPC solves the limitation of WitsML in that it is ‘drilling only’ and provides limited opportunities for better well planning, optimized drilling and completion and generally lacks ‘enterprise lev...
We used to say the cure for high prices is high prices, incentivizing oil companies to increase drilling and production. Now? Look at the Brent crude price below. Three massive bear markets in the last 16 years sparked shareholder revolts and made executives cautious over expanding drilling too...
In the debate, Trump disputed Harris’ claim that she will not try to ban fracking, but Sommers said he takes Harris at her word and welcomes her support for fracking and oil drilling more generally. Asked whether he was concerned about Harris’ past actions suing oil...
This comprehensive approach eliminates the “middlemen” and the need to rely on multiple companies. We oversee everything from leasing, investment, drilling, completion, and operation of the wells, ensuring efficiency and cohesion at every step. By centralizing these phases under one roof, we ...
Pipeline Transport, Hydraulic/Automobile Pipe, Oil/Gas Drilling, Food/Beverage/Dairy Products, Chemical Industry, Mining, Construction & Decoration Section Shape Round Advantage Better Price and Quality Size 1/2"-12"(21.3--323.9mm) Transport Package Packed in Bund...