The Latest

E&P Highlights: May 20, 2024

Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions. 

AI Highs: Corva Predictive Drilling Powers Oilfield Efficiency

The energy sector is buzzing with talk of artificial intelligence, and Corva is capitalizing on its ability to synthesize complex data to optimize drilling operations with predictive drilling software.

Tech Trends, OTC Edition: Drills & Bits

In this month’s Tech Trends, which takes place at the 2024 Offshore Technology Conference, new drilling technologies are on display as well as other bits that ensure efficient operations.

E&P Highlights: May 13, 2024

Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.

Crescent Energy: Bigger Uinta Frac Now Making 60% More Boe

Crescent Energy also reported companywide growth in D&C speeds, while well costs have declined 10%.

New Permian Math: Vital Energy and 42 Horseshoe Wells

Vital Energy anticipates making 42 double-long, horseshoe-shaped wells where straight lines would have made 84 wells. The estimated savings: $140 million.

Petrobras' Pioneering Tech Powers Decades-long, 2.9 Bboe Production

From discovery to revitalization, the deepwater Marlim Field offshore Brazil has driven development of technology while delivering more than 2.9 Bboe. 

High Pressure, Temps, No Problem: BP Dives Deeper in GoM

BP is preparing for a 2024 FID on Kaskida and 2025 FID on Tiber projects in the Gulf of Mexico, a BP executive said during an OTC keynote.

E&P Highlights: May 6, 2024

Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.

Decoding the Delaware: How E&Ps Are Unlocking the Future

The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers.