efficiency

The energy crisis has sparked major investments in efficiency

December 2, 2022

Oil Price Record-high energy prices and the energy market turmoil this year have accelerated efforts in energy efficiency with global investments rising by 16% annually to $560 billion this year, the International Energy Agency (IEA) said in a new report on Friday. With sky-high energy prices and much higher concerns about energy security, governments and consumers have turned to energy efficiency as

Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

August 9, 2017

Aug. 17: see oilfield tech that will play a critical role in the financial health of the shale industry If Q2 oil and gas company filings are representative of what’s going on in the industry, a lot of shale developers are proving that they can make money when oil is approaching $50 per barrel. Rig counts are up across the

BP Sees Its Unit Production Costs 40% Lower than 2013

August 1, 2017

International oil giant BP (ticker: BP) reported that its Q2 2017 production—at 2.431 MMBOEPD was 10% higher than Q2, 2016. The company earned $144 million during the second quarter, bringing its profit to $1.593 billion during the first half of 2017. This compares to a loss of approximately $2 billion during the first half of 2016. BP’s capital expenditure was

Cold Bore Technology: Moving Oil and Gas from an Analog World to a Digital World

August 1, 2017

Cold Bore Technology’s SmartPAD™ is not a notebook computer designed to locate hydrocarbons with a tap on the mousepad. But it is equally valuable in the oilfield because the Calgary-based oilfield technology company helps operators locate and eliminate another very valuable commodity—downtime. The Cold Bore SmartPAD™ technology helps operators locate and eliminate non-productive time out on the drilling pad, where

The energy crisis has sparked major investments in efficiency

Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

BP Sees Its Unit Production Costs 40% Lower than 2013

Cold Bore Technology: Moving Oil and Gas from an Analog World to a Digital World

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