Modern oil companies are going digital. To accomplish that, they are looking for easy-to-install, easy-to-use solutions that solve an immediate problem using cost-effective digital technology. Those three attributes—easy to install, easy to use, and cost-effective—are reshaping well monitoring, and by extension the oil and gas industry as a whole. Well-monitoring...
High-impact oil exploration has returned to the scene following a bleak 2021, which saw a relatively low success rate in discovering new oil and gas resources. In fact, it was one of the lowest on record. But this year is seeing a much higher success rate with high-impact offshore...
As much of the world continues to battle with energy shortages and rising oil and gas prices, it has become clear just how much we continue to rely on a few specific powers to provide the world with much-needed fossil fuels. While a comprehensive transition to green energy sources...
A small, largely overlooked country in South America has become the center of the world’s oil future, offering low-carbon and low-cost oil production with the potential for an output of 1 million bpd. Guyana, which borders Brazil, Venezuela, and Suriname could be the world’s next big oil power, as...
In one corner, we have the Whitehouse continuing to vilify oil and gas and praise “green new deal” initiatives. Among these is a push for increased investment in companies and funds which prioritize Environmental, Social, Governance (ESG). In the other corner, we have Texas Governor Abbott’s legislative response to...
As pressure to curb carbon emissions mounts ever higher, oil and gas companies are looking at ways to reduce their CO2 output. The long-practiced technique of gas flaring is no longer acceptable in countries looking to dramatically reduce their impact on the environment, meaning that oil firms are rapidly...
There is one city in the U.S. that’s well known for its cinematography, its food scene, its tech giants, and its tourism, but not so much, for its oil, which is hidden behind false façades and artistic towers. Los Angeles has been hiding a dirty secret for decades, away...
Employees working in the oil and gas industry are susceptible to many health risks and occupational hazards. The US Department of Labor reports that risks to oil and gas employees include exposure to hazardous chemicals, fatigue due to long shifts, and workplaces polluted with excessive noise. These employees are...
G7 agrees to Russian oil price cap, Putin shuts down Nord Stream, again, China locks down, again, widespread demand destruction, OPEC production cuts, unsustainable energy inflation across Europe, war in Ukraine, public sentiment, ESG visibility— In a period defined by global uncertainty still coming out of a global pandemic and...
The U.S. has directed huge investments toward solar and wind power projects in a bid to rapidly develop its renewable energy industry. But this is not the only green potential America is setting its sights on, with a surge in interest in geothermal power over the last few years....