Industry trends and outlook

How Much Oil is Left in the World?

In the oil industry, We can get our data from a variety of sources, from the largest government bodies to small independent niche oil supply...

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,...

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...

Will Brazil Lead A Recovery In Deepwater Drilling?

Introduction The Pre-salt arena, discovered only a decade ago, contributes an increasing share of Brazil's daily oil production. In the graphic below, you can see...

Pressure Pumping: Which are the Biggest Fracking Companies?

Spelling aside, the fracking boom has had a huge impact on the oil and gas industry these past few years. Now, we're starting to...

Smart Stacking and the Difference Between Cold and Warm Stacked Rigs

INTRO: This article covers the topic of the smart stacking of rigs in relation to an industry downturn like the one we're still experiencing....
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