In 2019, the Coiled Tubing Drilling (CTD) market was valued at more than $3 billion, with well intervention services accounting for more than 60% of the market in North America and Europe. In the Middle East and Africa, oil and gas companies are investing in well intervention to increase...
A remarkable thing happened at the Texas Railroad Commission these past few weeks. Throughout the contentious debate over proration, a growing chorus of voices on both sides was calling on the commissioners to address flaring — an incredibly wasteful, environmentally damaging practice that has been giving producers a black...
As the number of COVID-19 cases continues to mount, many Americans may be considering where to go for care if they develop potential symptoms. One important — yet potentially overlooked — resource is telehealth, which may enable people to connect 24/7 with a health care provider via a digital...
In oilfield drilling operations, “wireline logging” is the process that enables the operators to collect data about the formation through which they are drilling. The graphical representation of the geological data acquired in the process is called a log.
The Difference Between Wireline and Logging While Drilling (LWD) Technologies
Before drilling...
During hydraulic fracturing well stimulation, one of the costliest setbacks that can occur is a screen out, a condition in which pump pressure levels unexpectedly rise rapidly in excess of the safe-operating parameters of the wellbore or wellhead equipment. This condition, which occurs in up to 25% of well completions,...
The COVID-19 pandemic will leave not only short-term, but also long-term, scars on the oil market. Even though the world is currently facing what is arguably the largest oil glut ever recorded, the tables will turn dramatically in coming years. The lack of activity and investments currently planned by...
Oil Boom Reaches Sudden End
Concerns over the spread of the coronavirus and its dampening effects on global crude demand combined with the irrational actions of Saudi Arabia and Russia in early March caused crude prices to crater. With analysts like Goldman Sachs, along with the U.S. Energy Information Agency...
Blockchain in Energy
Blockchain technology is the simplest form of the public ledger and shared database that assists in identifying, tracking and tracing every transaction on the enterprise blockchain network. These transactions are recorded in the form of blocks. These blocks are added to the blockchain in a linear and...
Investments Will Change Lives in Developing Nations
Three billion dollars will make a radical difference in the lives of people in developing nations needing electricity. Ventana Tek (VentanaTek.Com), an American company, finalized a major agreement with Nigeria. The green energy company will provide badly needed electricity with high-efficiency vertical wind...
NEPA Reforms and Their Impact on Shale
Environmental activists who have been critical of President Trump’s proposed regulatory reforms have engaged in abusive litigation practices that delay vital infrastructure projects making it necessary to revisit the federal rulemaking process, according to congressional figures and energy policy analysts.
In January, Trump detailed...
