With lower oil prices now the norm, oil producers are putting more emphasis on making existing wells more profitable. The latest generation of Emerson’s Dynamic Lift Optimization software helps to ...

HOUSTON, Apr. 7-- ChevronTexaco Corp., Total SA, and Schlumberger Ltd. have formed a joint initiative to research and develop heavy oil thermal reservoir simulation technology. The initiative seeks to ...

Of course we all understand the concept of "re-pressurising oil fields" using gas injection and other means. As the oil or natural gas in a formation is produced, the hydrocarbons remaining in the ...

The Digital Oilfield Market represents a revolutionary shift in the oil and gas industry, leveraging advanced technologies to optimize exploration, production, and management. By integrating sensors, ...

SLB (NYSE: SLB) announced it will acquire RESMAN Energy Technology, whose advanced tracer technology enables ultra-precise monitoring of reservoir flow across oil, gas, CO2 storage, and geothermal ...

Since 2000, Saudi Aramco has implemented an energy-conservation program to enhance efficiency throughout its operations. These efforts have paid off in energy savings valued in terms of cost/boe ...