It is an unfortunate reality that the danger in our industry of oil and gas is not limited to our locations, jobs, or even our commutes. Aside from the workplace and the traffic, the tentacles of danger have crept into our industry in the form of mental unrest and stress by social, financial, and overall […]
Veritas Acquires Woodmac
(BUSINESS WIRE)—Veritas Capital, an investor at the intersection of technology and government, announced Feb. 2 that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk (Nasdaq: VRSK). Wood Mackenzie is an industry leader in providing data, analytics, and insights used to power the energy, renewables, and natural resources industry for nearly […]
Texas’ Gas Supply Steady During Winter Storm Mara
The natural gas supply in the state of Texas held steady to help provide heating to homes and fuel for electricity generation during Winter Storm Mara (late January), according to the Railroad Commission of Texas. The RRC kept round-the-clock contact with operators and other state agencies during Winter Storm Mara. Natural gas utilities reported no […]
Companies Partner for High HP, Low Emissions
GD Energy Products (GDEP), a total solutions provider for the frac, drilling, and well servicing pumps market, and Catalyst Energy Services, an emerging stimulation service company specializing in hydraulic fracturing treatment, announced on Jan. 10 their partnership to bring high horsepower, lower emissions technology to hydraulic fracturing. Together, the companies commit to applying their innovations […]
SLB Acquires Gyrodata Ltd.
(Business Wire) SLB announced Feb. 3 its completed acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction incorporates Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers innovative drilling solutions. This combination will improve wellbore quality and reduce drilling risk to unlock remote […]
O&G Robotics to Grow Tenfold by 2030
The single major advantage of robotics is automation, which drives other improvements in efficiency, productivity, and safety. Automation enables extensive inspection and maintenance tasks to be conducted while feeding back data to help limit operational costs and improve efficiency. Advances in modular and customizable robots will result in growing deployment of robotics in the oil […]
Capitol Updates
by Julie Anderson Oil and gas issues continue to garner attention among Permian Basin lawmakers in both Texas and New Mexico, meaning industry advocates have been hard at work advising against problem legislation and lending support to bills with positive intent. New Mexico: 56th Legislature Enters Home Stretch With adjournment around the corner on March […]
Four Steps to Refill Your Team’s Energy Tank
By Laurie Guest There’s never a perfect time to pause your day-to-day work and focus on the internal team, but when you do make the effort, the dividends are immediate. Setting aside an hour, a half-day, a two-day retreat or anything you can manage as a team will provide the opportunity to gather together, grow […]
The World’s Biggest Oilfield
Saint Rita of Cascia (Italy), later to be known as the Patron Saint of the Impossible, left this earth on May 27, 1357. Exactly 466 years and one day later (May 22, 1923), a well named after her, extending about 3,050 feet into the earth she’d left, began alternately flowing, and blowing out, for about […]
Continental targets Barnett Shale on Permian’s central basin platform
Enverus recently reported that during 2022Q4 Oklahoma City-based Continental Resources completed its first two wells targeting Barnett Shale not in north Texas’ gassy Fort Worth Basin but on Permian Basin’s central basin platform. Enverus said preliminary results have been oiler. One of the wells, a Gardendale asset in Ector County, flowed 2,310 boed (74 percent […]
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