AVEVA: Immersive Tech, Augmented Reality and What’s New in the Cloud
Rob McGreevy, AVEVA’s chief product officer, talks about technology advancements that give employees on the job training without any of the risks.
New BOEM Regulations Raise Industry Decommissioning Obligations by $6.9B
Under new regulations, the Bureau of Ocean Energy Management estimates the oil and gas industry will be required to provide an additional $6.9 billion in new financial assurances to cover industry decommissioning costs.
Busting Biases, Boosting Innovation – Geoffrey Cann
By Geoffrey Cann Managers in oil and gas rely on various rules of thumb to accelerate decision making, but at times these biases get in the way of making better decisions. Biases that were at one time helpful are now a kind of risk. Killer Biases in Oil and Gas In 2017, I was invited by the International Energy Agency (IEA) …
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What’s Affecting Oil Prices This Week? (April 15, 2024)
While concerns about the stability of oil supply are increasing, Stratas Advisors does not expect oil supply to be disrupted – unless there is further escalation in the Middle East.
Mexico Pacific Appoints New CEO Bairstow
Sarah Bairstow joined Mexico Pacific Ltd. LLC in 2019 and is assuming the CEO role following Ivan Van der Walt’s resignation.
Trio Petroleum to Increase Monterey County Oil Production
Trio Petroleum’s HH-1 well in McCool Ranch and the HV-3A well in the Presidents Field collectively produce about 75 bbl/d.
Fire Closes Atlas Energy’s Kermit, Texas Mining Facility
Atlas Energy Solutions said the closing of the mine, which did not result in any injuries, would not affect services to the company’s Permian Basin customers.
Trillion Energy Begins SASB Revitalization Project
Trillion Energy reported 49 m of new gas pay will be perforated in four wells.
Global Partners Declares Cash Distribution for Series B Preferred Units
Global Partners LP announced a quarterly cash dividend on its 9.5% fixed-rate Series B preferred units
U.S. Natgas Futures Hit Over 2-Week Low on Lower Demand View
U.S. natural gas futures fell about 2% to a more than two-week low on Monday, weighed down by lower demand forecasts for this week than previously expected due primarily to a drop in feedgas to the Freeport LNG export plant in Texas. Front-month gas futures NGc1 for April delivery on the New York Mercantile Exchange …
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