From production efficiency to cost reduction, business challenges in the upstream are still driven by low oil prices.
Tim McNally: How many founders came together to develop the technology produced by M-Flow, and why was 2012 the year that they set out to improve on it?
MarketsandMarkets projects that the AI in the oil and gas market was worth $1.42 billion in 2016 and is expected to grow at a CAGR of 12.66 percent from 2017 to 2022 to reach a market size of $2.85 billion by 2022.
It’s a new year, and the oil and gas market is hungry for assets. There are companies all over the map looking for good quality assets, but the transactions are not happening.
In 1992, I founded and chaired the first International Energy Policy Conference (IEPC) now known as National Energy Talk (NET). IEPC/NET is now in its twenty-fifth year.
Leading oil and gas companies haven’t exactly been quick to bring their maintenance systems up to date. And with that comes huge risks to the environment, workers, and an organization’s financial state.
Tis’ the season for annual meetings, but North Dakota Governor Doug Burgum caught many people’s attention with his public speech that was making the rounds.
It is not uncommon to hear people all across Louisiana talking about the Permian Basin and for a good reason. The west Texas formation saw its first commercial oil well completed in 1921, and since then, the basin continues to be a predominant supplier of United States oil and gas.
Situated at the mouth of the Mississippi River, Louisiana has abundant crude oil and natural gas resources both onshore and offshore...