Hurricanes and storms play a constant threat to off-shore drilling and the crews. Yearly there are around 100 severe weather disturbances from May to November. While 10 of these 100 storms develop into tropical storms, five may become hurricanes, and likely only 2-3 are going to make it to landfall in the United States. It […]
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Facilitation: What Will a Facilitator Bring to Your Next Meeting?
Introduction: This article was kindly submitted to us by a writer for a corporate facilitation company. It sparked some lively debate among our team, regarding the differences between corporate and industrial facilitation approaches. The post will be published as-is, and then after, we want to highlight some nuances of industry-specific planning and areas that share […]
US Shale Update Through June 2019
These interactive presentations contain the latest oil & gas production data from 114,539 horizontal wells in 12 US states, through June 2019. Cumulative oil and gas production from these wells reached 11.7 billion bbl and 133.7 Tcf of natural gas. West Virginia is deselected in most dashboards, as it has a greater reporting lag. Oklahoma […]
Oil and Gas Production: A Beginners Guide
Upstream Industry Guide: Oil and gas production is a fundamental cornerstone to the global economy. The world consumes close to 100 million barrels of crude oil every day, and the number is set to continue rising despite the expansion of renewable energy. In short, oil will continue to be an essential primary source of energy […]
Offshore Oil Rigs: Power, Equipment and Technology
Introduction Offshore oil and gas production involves the extraction of oil and gas from often extreme depths under the sea. Land-based drilling is much easier, but offshore production plays an essential role in the world’s energy supply. With 71% of the world’s surface as water, hydrocarbon deposits are found in larger quantities in the sea […]
Guyana: The New Star on the Global Oil Map
Exxon Guyana Oil Discoveries When Exxon first started drilling off the coast of Guyana, it hardly anticipated the oil price crash of 2014. The supermajor first struck oil in the Stabroek block in 2015, in the worst of the crisis. Since then, Exxon and its partner Hess have made 13 oil discoveries, tapping reserves that […]
BP scores a win off the Digital Oilfield
You may have missed this, but last month BP announced that a new field had been discovered in their Thunderhorse field. This is welcome news as the original T-Horse reservoirs are undergoing secondary recovery methods as production has declined. Thunderhorse produces from reservoirs buried more than 28,000′ BML. This new one is deeper still from a well […]
