Oil and energy products are used to create everything, even jobs. If all humans have is energy from the sun, plus the energy that all animals have, then humans would be much more like chimpanzees. All humans would be able to do is gather plant food and catch a few easy-to-catch anim...
Art Weglein (M-OSRP) presented the first field data examples of direct depth imaging without a velocity model. Weglein believes that research is prejudiced in favor of the ‘velocity field’ and that if you claim, as he does, to have developed a method to processsansvelocity, ‘everyone brea...
has agreed to pay a $2.2 million civil fine to the federal government to settle charges that the company violated the Clean Water Act by spilling 1,900 barrels of oil into the Gulf of Mexico in May 2016 when a subsea pipeline cracked at the company’s Green Canyon oil field. The fine...
I don’t think the hubbert curve is appropriate for forecasting world production because there’s so much unconventional and no field level data, however, it’s likely production will just go straight down 5-10 MMb/d per year from here as it already is. In the past production fluctuated du...
Trying to stick with oil issues here, but this might go a little too far afield. A big problem in the oilfield in particular is drug use. It has always been there, but it has gotten worse IMO. First, among young people, the media has glorified pot so much that a decent percentag...
Neuron Soundware has released the nShield basic package, an entry-level edition of its equipment monitoring hardware and software combo. The package allows legacy equipment to be monitored with quick-to-install sound sensors. Neuron’s oil, gas and petrochemical industry solution provides remote ...
15 Daqing, China's largest oil field, has been in operation since 1960. It has been declining since 2002 when it ac- counted for one third of national output. By 2020, crude oil output from the field is expected to fall to 31 million tons from 43.4 million tons. "China's CNPC sees...
It was brief and small, this moment. I was at one of the farms I work for, outside, in the cold and wet winter, standing in the muck of sheep and cows up by the barns. One of the ewes was heading out for the field, starting to pass me. Brian—one of the farm’s owners and...
Gilbert: CO2 is cheap at the source, but not necessarily cheap when it gets to the oil field. Claims about benefits of CO2 injection have been somewhat overblown, depending on temperature and pressure conditions in the oil field. If the field isn’t miscible, the effect is limited. It’s...
Today’s WSJ has a big article on loss of jobs in the oil field. Some new jobs are being created, but they require different skills and often don’t go to those whose jobs have been cut. “Oil prices are back up to their highest levels in more than three years. U.S. pr...