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News Topics: Analysis & Trends

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Enhanced Oil Recovery: Prospects for Thermal EOR
Friday, October 31, 2014 In its final article focused on enhanced oil recovery, research firm Visiongain looks at where thermal EOR is likely be used in the future.

Marriage of Analytics, Engineering First Principles Needed in Oil and Gas
Friday, October 31, 2014 The oil and gas industry needs a marriage of data-driven analytics and the first principles concept of engineering, an industry expert and author tells Rigzone.

Wood Mackenzie: Thailand's Upstream Outlook at Risk from Fiscal Reforms
Friday, October 31, 2014 Wood Mackenzie discusses how the calls for tougher fiscal policies in Thailand may risk future exploration activity in the country.

EMAS Offshore Switches Gears from Leased FPSO to EPC Business
Thursday, October 30, 2014 EMAS Offshore changes tack in its floating production business by targeting engineering, procurement and construction contracts instead of focusing on leasing deals.

Enhanced Oil Recovery: Can Chemical EOR Take Off?
Thursday, October 30, 2014 In the second of three articles focused on enhanced oil recovery, research firm Visiongain looks at how chemical EOR is moving from a pilot phase to commercial scale.

Enhanced Oil Recovery: Prospects for CO2-based EOR
Wednesday, October 29, 2014 In the first of three articles examining enhanced oil recovery, research firm Visiongain looks at the prospects for carbon dioxide-based EOR.

Norway's Fred. Olsen Energy Sees Tough Rig Market Ahead
Tuesday, October 28, 2014 Fred. Olsen Energy says the global rig market will struggle with lower demand and oversupply.

Maersk: Drilling Industry Dip Could Last Into 2016
Tuesday, October 28, 2014 The global offshore oil rig market's downturn could last into 2016, longer than seen a few months ago as a fall in oil prices exacerbates the dip, the chief executive of Maersk Drilling says.

FracInsight Offers Better View of Where to Fracture Rock
Monday, October 27, 2014 Knowing where to hydraulically fracture a well remains a challenge for the oil and gas industry, a Halliburton official says at SPE's ATCE.

Goldman Slashes 2015 Oil Price Forecast As Glut Grows
Monday, October 27, 2014 Goldman Sachs slashes its 2015 oil price forecasts, making it the most bearish among major financial institutions.

Kemp: Divided By Shale, Only Some US States Win
Monday, October 27, 2014 Thanks to shale, energy-producing states have been the strongest economic performers in the US over the past decade, sharply improving their position compared with the energy-consuming states.

Oil Price, Industry Costs Dominate Debate at SPE Amsterdam Meet
Monday, October 27, 2014 The oil price and the need for the oil and gas sector to reduce its operating costs dominate the debate at the opening session of the SPE's Annual Technical Conference and Exhibition in Amsterdam.

Study: Oil, Gas Drilling Activities Provide Major Economic Stimulus for US
Friday, October 24, 2014 Oil and gas exploration and production account for much of the growth in employment and economic activity across the country, an analytical study said.

WoodMac: US to Achieve Energy Independence by 2025
Friday, October 24, 2014 Higher production and lower demand are driving the United States on the path to energy independence by 2025, according to Wood Mackenzie.

Contractors Shift Focus In Changing Australian Industry
Friday, October 24, 2014 With the development phase of Australia's LNG industry starting to slow, contracting companies operating in the country are diversifying into new areas of service.

Asia Leads in Global LNG Demand Growth, China Support
Thursday, October 23, 2014 Asia will be the main driver of global demand growth for liquefied natural gas, lifted by expectations of higher gas consumption in China.

Shale Activity Creating Need for Updated Data Management Systems
Wednesday, October 22, 2014 Oil and gas companies should truly understand the scope of their operations before investing in technology solutions to address the complexity and volumes of data in shale operations.

Colombia Could Lower Oil Price Projections For 2015 And 2016
Wednesday, October 22, 2014 Colombia may revise down its projections for the price of oil in 2015 and 2016, Finance Minister Mauricio Cardenas says.

Kemp: Congressional Study Questions Embargo-Era Oil Policies
Tuesday, October 21, 2014 Lifting restrictions on US crude oil exports could actually lower fuel prices for US motorists and other consumers by contributing to a drop in world oil prices.

NASA Scientist: Arctic Drillers Can Learn from Space Program
Tuesday, October 21, 2014 Speakers discuss ways to overcome the challenges of drilling in the Arctic in order to extract fossil fuels in an extreme environment.

Russia's Gazprom Neft Sees Oil Price Returning To $95-110 Per Barrel
Friday, October 17, 2014 Gazprom Neft says it does not see a fall in the oil price as a long-term trend.

North Sea Future: Innovation Needed
Friday, October 17, 2014 After the 'no' vote in the Scottish Referendum, attention now turns to the Wood Review and this December's Fiscal Review about how best to extract the remaining hydrocarbons from the UK North Sea.

Bumi Armada's CEO Eyes FPSO Opportunities in India
Thursday, October 16, 2014 Bumi Armada CEO believes India offers exciting growth opportunities for companies serving the floating production, storage and offloading market.

CNOOC Goes Solo in Deepwater Exploration, Opens New Frontier for China
Wednesday, October 15, 2014 China's first ever deepwater hydrocarbon discovery is significant not only for the domestic upstream industry, but also on countries in the region.

Kemp: The Saudi Oil Enigma
Tuesday, October 14, 2014 Almost nothing is known about how Saudi Arabia's rulers reach decisions on political and economic reform, foreign policy and oil market strategy, according to Kemp.

Oil, Gas Tech Startup Faces Threat in Fundraising
Monday, October 13, 2014 Oil and gas technology start-up companies should ensure they have a strategy for dealing with cyberattacks as well as fundraising.

IEA Chief: Oil Price Slump Yet To Hit US Shale Oil Production
Monday, October 13, 2014 The vast majority of shale oil in the US is produced at costs far below the current price of crude, IEA says, which means US projects can withstand the market slump squeezing other producers.

In Oil Price War, Saudi's Biggest Rival Is Next Door
Friday, October 10, 2014 Kuwait is challenging Saudi Arabia in an increasingly competitive battle for market share as it sells oil to buyers in Asia at its widest discount for 10 years.

ABB Offers Views on Industrial Automation for Oil & Gas Sector
Friday, October 10, 2014 ABB provides views on developments in industrial automation for the oil and gas sector.

Supply Chain Bottlenecks Threaten North Sea Decommissioning
Thursday, October 09, 2014 Engineering firm Arup says supply chain bottlenecks, including a lack of skilled workers, will prove to be a key challenge for decommissioning of UK North Sea infrastructure.

North Sea Phoenix Discovery Contains 16M Barrels
Thursday, October 09, 2014 Enegi Oil reports that the Phoenix discovery in the central North Sea contains at least 16 million barrels, according to new information.

Price Fall Hastens Decline Of 'Big Oil' As Western Majors Retreat
Thursday, October 09, 2014 This year's fall in energy prices is hastening the decline of big oil, as the seven Western majors sell-off assets, cut investment, return money to shareholders and shrink in size.

Gazprom Output To Rise 5% In 2015 After Fall This Year
Tuesday, October 07, 2014 Russia's Gazprom expects its gas output to increase by around five percent in 2015, after this year's production is expected to fall to an all-time low.

Keppel Snags Contracts from Repeat Customers
Tuesday, October 07, 2014 Keppel secures contracts from repeat customers worth a total of $122 million.

Eni Review Raises Questions about 'Age of Gas'
Monday, October 06, 2014 Growth in global oil demand outstrips that of gas, according to Eni oil and gas review for 2013.

WoodMac Sees Promise, Challenges in Springer Shale
Monday, October 06, 2014 The Springer shale play could bring new stacked pay potential to the Midcontinent, but more data and work are needed to make this opportunity a reality.

Oil & Gas M&A in Upstream Sector Falls to $34.5 Billion in 3Q 2014
Friday, October 03, 2014 Third quarter 2014 was a quieter period for global oil and gas M&A activity compared to the previous quarter, but 2014 is still on track to have a greater total M&A spend than 2013.

Technology Offers Ability to Grow Nanolaminate Structures
Thursday, October 02, 2014 Nanolaminate structures for the oil and gas industry can now be grown, thanks to a Seattle-based company's advanced manufacturing technology.

Perryman: Barnett Shale Production Adding Jobs, Fueling Texas Growth
Wednesday, October 01, 2014 An economist provides data on job and economic growth from the Barnett Shale in North Texas.

Oil Exploration Makes A Tentative Return To Alsace Region
Wednesday, October 01, 2014 Sustainably high oil prices have lured small oil explorers back to Alsace, the cradle of the French oil exploration industry that gave birth to corporate giants such as Schlumberger.

Singapore's SMEs Brace for Challenges in Oilfield Services Sector
Tuesday, September 30, 2014 Small medium enterprises in Singapore are taking steps to deal with domestic and external challenges affecting the oilfield services industry.

LRE Releases Survey Findings on Innovation, Investment in O&G Sector
Tuesday, September 30, 2014 Lloyd's Register Energy releases the findings from an oil and gas survey to assess the impact of innovation and investment by operators in America, Europe and Asia.

Kemp: Time For A Good Sweating In The Oil Market
Monday, September 29, 2014 US demand for petroleum products has experienced a decline over the last 8 years as soaring oil prices have forced consumers to become more efficient and seek cheaper alternatives.

Talisman Energy Progresses Development of Vietnam, Malaysia Assets
Friday, September 26, 2014 Talisman Energy is proceeding to develop its upstream assets in Vietnam and Malaysia, while progressing the Stanley project in Papua New Guinea.

Chinese Yards Eye SBI's $1B Jackup Contract, Gain Ground in Newbuild OSVs
Thursday, September 25, 2014 Chinese yards eye a $1 billion jackup contract from SBI Offshore, while gradually establishing themselves in the newbuild offshore support vessel market.

Better Communication Needed About Benefits of Fracking
Thursday, September 25, 2014 Poll results indicate that the public is often unaware that fracking creates jobs and stimulates economic growth.

PDVSA Asset Sales May Shield Venezuela From Possible Seizures
Wednesday, September 24, 2014 PDVSA's rushed move to sell units raises questions whether Venezuela wants to reduce international exposure to avoid potential asset grabs in the event companies win arbitration cases against the country.

Denmark's Maersk Drilling CEO Sees Slow Deepwater Rig Market In 2014, 2015
Wednesday, September 24, 2014 Maersk Drilling Chief Executive Claus Hemmingsen talks at the sidelines of AP Moller-Maersk's annual capital markets day.

Musings: Challenges Of Shale-Driven Boom - Will It Last For Long?
Wednesday, September 24, 2014 Troublesome current North Dakota drilling and production data may be signaling that the dreaded treadmill effect may be starting.

Wood Mackenzie: US Tight Oil Technology Could Boost Output by 25%
Tuesday, September 23, 2014 There continues to be great potential for surprises to the upside in production of US tight oil according to Wood Mackenzie's latest analysis.

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