A brief discussion of Eric van Oort’s paper (AADE-16-FTCE-77) on testing shales against drilling fluids for compatibility By now those of us in the drilling/drill-in fluids (DF/RDF) community are used to having our eyes opened by Dr. van Oort on this and other topics related to drilling and completion operations. In addition to being a […]
Archives for April 2017
History of Turbodrills in the Oil and Gas Industry
Turbine technology has been around for thousands of years. The very first recorded usages were in the first century AD by the Greeks. The usage in those early days was predominantly wind power wheels or wind mills. It’s a fascinating history but I’m going to focus on the Turbodrill as it’s used in the oil […]
Reimagineering Malaysia’s Oil & Gas Industry
Conservative estimates suggest that in the wake of oil prices crashing in late 2014, the Malaysian oil and gas services and equipment (OGSE) sector contracted by at least 11%. Analysis of overall financials for the OGSE sector by the Malaysian Petroleum Resource Corp, an agency under the Prime Minister’s Department, reveal that revenue for 2015 […]
4 Signs That the Oil Industry Is Recovering
The oil industry has taken a beating twice in the last decade: 2008 and 2014. Thousands of seemingly solid jobs evaporated in a matter of months. Companies cut down on expenditure as they struggled to deliver a satisfactory return to shareholders. Some like BP had their problems exacerbated by costly accidents i.e. the 2010 Deepwater […]
Your Weekly O&G Market Updates
Last Week in World Oil: Prices While strong Asian economic data offers hope that oil demand will strengthen, rebounding Libyan production – with the Sharara field resuming production – offset some strength in crude prices. Brent started this week at US$53/b, while WTI edged up into the low US$50/b levels. Upstream & Midstream As the […]
