A new twist on offshore drilling will revolutionize the way oil companies think about well designs in ultra deep-water reservoirs and is pushing the limits on how deep they can reach into the earth, energy executives said Thursday.
John Gremp, CEO of FMC Technologies, explains that because many new discoveries involve complex geologies and harsh environments, operators and suppliers need to work collaboratively to develop the resources.
BP has nabbed its second OTC Distinguished Achievement Award for Companies, Organizations, and Institutions in four years, this time for its low-salinity enhanced oil recovery, or LoSal EOR, technology.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.