Sure, digitalization reinvents the oil & gas industry and opens up new markets and value streams. But let’s admit the coin always has a flip side. There will be obstacles to your digital transformation regardless of how much effort you put into it. Though, those pitfalls aren’t so scary when you know about them in … Continued
In February, EnerCom Dallas opened attendee registration, North America drops rigs, Shell begins oil production at its first deep-water platform in Gulf of Mexico, and Aramco is now the 3rd largest company by market cap. Continue reading our oil and gas news roundup to learn more about what’s happening in the industry this month. Registration … Continued
An organization’s training and development greatly impact its productive efficiency and ability to adhere to industry standards and regulations. This is more pronounced in the oil and gas sector, as training helps employees grow, and helps the company meet long-term organizational goals while staying up-to-date on industry trends. If you want to learn more about … Continued
In January, EnerCom announced dates for The Energy Venture Investment Summit, Shell made its Predictions for 2023, U.S Oil Production has a Clear Path, and API unveils its plan to improve American energy. Continue reading our oil and gas news roundup to learn more about what’s happening in the industry this month. EnerCom announces The … Continued
The oil and gas industry benefits our daily lives in many ways and it’s an industry that is changing rapidly. Today, the oil and gas industry is being redefined with fundamental adjustments in demand as well as new technologies. By using new digital solutions, oil and gas companies can transform their business and operating models. … Continued
Here are a few oil & gas industry predictions for 2023. Please note that unexpected events could forestall some of the events that currently seem likely. Other Countries will follow US lead in Policy Support for Low-Carbon Energy The extended and expanded tax credits and subsidies offered to low-carbon energy in the US Inflation Reduction … Continued
In the oil and natural gas industry, efficiency is vital to overall profits. When you are using an older swab rig, chances are that you’re only running at 65% efficiency. When you take into consideration how expensive it is to run your swab rig in the first place, this level of power output isn’t worth … Continued
In November, the NSTA launched a new investigation, the Energy Venture Investment Summit opens up applications for 2023, a fire threatened Texas shale wells, and a fire erupts at a Chevron refinery in California. Continue reading our oil and gas news roundup to learn more about what’s happening in the industry this month. North Sea … Continued
Well-stimulation is one of the major parts of petroleum and gas extraction. It’s meant to improve and increase the production of oil and gas wells. When a well reduces its production, well stimulation is practiced by petroleum engineers. There are three major methods of well-stimulation. In this blog, we cover each method so keep on … Continued
Oil drilling in any capacity always provides an economic boost, but Arctic Sea drilling conveys certain unique and specific benefits. By developing offshore drilling in the Arctic Sea, oil companies can enrich the surrounding areas, bolster the nation’s oil reserves and even lead to scientific developments. In this blog we chat about the pros of … Continued