Fuel Fix

The PowerDrive Archer high build-rate rotary steerable system from Schlumberger maximizes reservoir exposure, reduces risk and increases potential hydrocarbon production. The project will be featured at the Offshore Technology Conference. (Image courtesy of Schlumberger)

OTC winner: PowerDrive Archer navigates new drilling challenges

In response to the onset of more complicated directional-drilling methods — with challenges such as too-soft and too-hard formations as well the need to move both vertically and horizontally — Schlumberger is turning off the motor.  More »

Visiting Houston? Find the best bars, restaurants and tourist spots

Looking for ways to spend your free time during the OTC? Here are guides to some of Houston’s best restaurants, bars, clubs and sites, plus trails for running, which you’ll need to do to work off all those margaritas.  More »

OTC winner: Baker Hughes system gives drillers real time information

Just as medical advances allow surgeons to better pinpoint the source of a patient’s problem and make smaller incisions, new technology from Baker Hughes is making the industry more efficient in fixing problems.  More »


Reliant Center sets the stage for OTC

Crews at Reliant Center spent Friday getting ready for next week’s Offshore Technology Conference.  More »
Jess Burrow, left, and James Patterson, look over the damage caused outside the home of Joe and Mary Reneau when their chimney was toppled by Saturday's earthquake, in Sparks, Okla. (AP Photo/Sue Ogrocki)

Still no quake study by Youngstown well operator

The operator of a northeast Ohio deep-injection well tied to earthquakes in the area has yet to receive the state clearance it says is necessary to conduct independent seismic research aimed at proving the well wasn’t the cause of the quakes.  More »
(Photo: Julien Tromeur, Flickr)

Natural gas prices rise, benchmark oil up slightly

Natural gas rose 6 cents to finish at $2.186 per 1,000 cubic feet in Friday trading. That’s up nearly 15 percent from April 19.  More »
Phil McNabb of Oceaneering International shows off the WASP Atmospheric Diving System during the Offshore Technology Conference at Reliant Center in 2002. (Melissa Phillip/Chronicle)

Sixel: Networking opportunities at OTC

Take advantage of several ready-made networking opportunities at OTC.  More »
In Omaha, Neb., a protester raises signs opposing the Keystone XL pipeline in September 2010. (AP Photo/Nati Harnik)

TransCanada reports a drop in Q1 earnings

Pipeline and utility company TransCanada Corp. reported a decline in first-quarter profit, citing a mild winter and low natural gas prices as contributing factors in a net earnings report that missed analyst expectations.  More »
This image provided by the Glenrock Bird shows an out-of-control oil well spewing natural gas a few miles northeast of Douglas in east-central Wyoming on Wednesday April 25, 2012. A blowout occurred at the well Tuesday afternoon. More than 60 people living nearby evacuated from their homes while crews began work to plug the well with drilling mud and avoid an explosion. Nobody was hurt.(AP Photo/Glenrock Bird, Russ Dalgarn)

Company begins to plug blown Wyoming oil well

Workers at a blown oil well that’s been spewing large quantities of natural gas in eastern Wyoming have begun trying to plug the well with mud.  More »
Calpine's Magic Valley project near Edinburg, Texas (Photo: Calpine)

Calpine 1Q loss narrows significantly

Power company Calpine Corp. said Friday that its first-quarter loss narrowed significantly due to lower expenses and debt costs.  More »
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron sticks with oil. And it pays off.

Chevron Corp. said today that profits rose 4.2 percent in the first quarter as it sold oil for higher prices.  More »
Offshore Technology Conference attendees pass by a wellhead display at the Weatherford International booth on May 5, 2011 at Reliant Park in Houston. (Photo: Melissa Phillip/Houston Chronicle)

Sixel: Tips for networking & job hunting, starting with what to wear

Conventions and trade shows aren’t just for getting new business or learning about new innovations in the industry. They’re also great networking opportunities. But it won’t work if you don’t make an effort to meet new people.  More »
An oil pump jack in motion. (AP Photo/Hasan Jamali)

Where will the price of crude oil and natural gas be in 5 years?

Of late, oil prices have been high while natural gas prices are low. Politics and economic changes across the world can quickly move oil up or down. Natural gas prices have been driven down by a glut of supply in the U.S.  More »
(Steve Campbell / Houston Chronicle)

Chairman shares insight into this year’s OTC

Steve Balint became chairman of Offshore Technology Conference 2012 after serving as a board member since 2008. A Tulane University-educated civil engineer, Balint has risen through the ranks at Royal Dutch Shell.  More »
OLD DO NOT USE  ConocoPhillips Chairman and Chief Executive Officer Jim Mulva speaks Thursday, April 7, 2011, at a breakfast meeting sponsored by the Make Alaska Competitive Coalition and the Resource Development Council in Anchorage, Alaska. (AP file photo/Dan Joling)

Shale gas ‘a blessing’ for U.S., Mulva says

Shale production has put energy independence a step closer for North America and revolutionized the continent’s global position in fossil-fuel production, ConocoPhillips CEO James Mulva said Thursday in his final public speech as head of the corporation.  More »