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For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.Learn More About Our Client's Successes
A technology leader and pioneer in unlocking hydrocarbons from US shales, Statoil has leveraged its acreage holdings and its expertise in both drilling techniques and the geology of the leading shale plays to grow into a company that produced nearly 91 thousand barrels of liquids per day, and 818 million cubic feet of natural gas per day during first-quarter 2016, on an equity-volume basis.Learn More About Our Client's Successes
This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.Learn More About Our Client's Successes
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The energy industry is facing a major challenge: members of the baby boomer generation, who have for so long been responsible for the data on which firms rely, are now retiring and suitable successors are proving hard to find. The situation has highlighted the need for more efficient, effective and susta..more
E&Ps and service companies are always exploring innovative ways of maximizing returns. The evolution of the oil and gas industry from drilling vertical wells into conventional rock, to drilling horizontal multi-fractured wells into nano-darcy rock is a paramount example of this. In today’s economic environment, the cost of drilling new wells..more
A collaborative article by Justin Pettit, Sr. Advisor Upstream Consulting, Mohammad Tavallali, Sr. Reservoir Engineer & Michael Muirhead, Sr. Geologist Permian basin development is complicated by many technical factors. In addition to complex geology, operators must deal with very high levels of produced water. Produced water cuts i..more