OTC

News from the Offshore Technology Conference
Yellow oil barrels

Oil prices slip as U.S. deploys small force to Iraq

Benchmark U.S crude for July delivery dropped 54 cents to $106.36 a barrel on the New York Mercantile Exchange.  More »
The average rent for a small apartment in Williston, North Dakota is higher than in New York or San Francisco, according to Apartment Guide, and the fast growth has resulted in a shortage of retail offerings in the city, Stropiq executives said. (Daniel Acker/Bloomberg)

Shale boom lures developer for $500M North Dakota project

A Swiss developer is planning to build a $500 million real estate project in Williston, North Dakota, where a surging energy industry is leading to a population boom and rising property demand.  More »
Workers continue setting up the exhibition floor at Offshore Technology Conference 2014 at NRG Park.
(Billy Smith II / Houston Chronicle)

Houston made a good impression, for the most part

Thursday was the final day of the 45th OTC, Houston’s largest annual convention. As visitors and vendors headed home, what impressions of Houston — good and bad, big and small — did they take with them?  More »
The Astrodome overshadows an entrance to the Offshore Technology Conference at NRG Park on Thursday, May 8, 2014, in Houston. ( J. Patric Schneider / For the Chronicle )

Offshore Technology Conference to expand in 2015

The Offshore Technology Conference — the oil and gas extravaganza that drew record attendance in Houston this week — will expand its agenda next year, organizers announced Thursday.  More »
Derek Mathieson is chief strategy officer for Baker Hughes.

Commentary: Exciting trends in tech are ultra deep

Derek Mathieson, chief strategy officer at Baker Hughes, explains how the ultradeep-water frontier is driving step changes in research and innovation.  More »
(U.S. Consumer Products Safety Commission)

Offshore safety might have a link to comfort

Want to boost safety offshore? Go to the mattresses.  More »
Sinopec Oilfield Services Corporation has a very large oil field and oil industry model on display on day three of OTC on May 7, 2014 inside the NRG Center in Houston, TX. (Photo: Thomas B. Shea/For the Chronicle)

Our 15 favorite things from OTC 2014

The 2014 Offshore Technology Conference was one for the ages and not just because of its record-shattering attendance numbers. Check out our 15 favorite moments, people and technologies from OTC 2014.  More »
Michael Elege, 18, pauses from suctioning chocolate syrup simulating oil trough a straw during the High School STEM event at OTC. (Marie D. DeJesus/Houston Chronicle)

High school students explore energy careers at OTC

Milena Martinez was considering a career as a chemical engineer so she could eventually launch her own cosmetics company. At least, that was until she got a chance to visit the Offshore Technology Conference on Thursday.  More »
Amanda Parks (right) of National Oilwell Varco shows off artwork tited "Claank! Booomm!!" by graphic artist Rya Vatziavick at the 2014 Offshore Technology Conference. The piece, which was digitally inked and colored, is described as "a visual repreentation of how NOV's iron roughnecks have made drilling safer." (Simone Sebastian/Houston Chronicle)

National Oilwell Varco shows OTC’s artistic side (photos)

It’s hard imagine an art gallery at the Offshore Technology Conference at NRG center.  More »
RushForCoffee

Offshore Technology Conference breaks attendance record

The massive Offshore Technology Conference in Houston reached its highest attendance level in history this week as executives and engineers came from across the globe to learn about new technologies that are pushing the boundaries of the deep-water industry.  More »
Charlie Williams, Brian Salerno and Coast Guard Rear Adm. Joseph Servidio discuss safety during an OTC panel Thursday.

Offshore regulators to keep eye on bad actors

Marine and drilling regulators vowed Thursday to keep a closer watch on oil companies and contractors they say are consistently cutting corners on safety offshore.  More »
Greg Matzat, senior advisor for offshore wind technologies at the Energy Department, speaks Thursday at the Offshore Technology Conference.

US hopes to tap offshore wind potential

The federal government is committing nearly $150 million toward construction of three wind farms off the U.S. coast, a move intended to generate power from the renewable source by 2017.  More »
Young Women's College Preparatory Academy students walk by a miniature rig model as they take a tour of the Offshore Technology Conference exhibition hall, Thursday, May 8, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

OTC gives teens tips on preparing for oil and gas careers

High school students learn essential career skills at OTC.  More »
Egil Tveit of FMC Technologies speaks at an Offshore Brownfield Renovation Tech Session during the Offshore Technology Conference at NRG Park on Thursday, May 8, 2014, in Houston.  ( J. Patric Schneider / For the Chronicle )

Time may be coming for subsea well replacements

Several thousand subsea wells may need to be replaced in the coming years, an oilfield servicer said Thursday at the Offshore Technology Conference.  More »
20140508_otc-main0509_JPS_10

There’s plenty of buzz far from OTC’s hive

Illinois-based company finds that being the farthest away from the conference’s center of activity isn’t a bad thing.  More »
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