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After extensive repairs and improvement work, Norway’s Hammerfest LNG is back in production after the fire in September 2020, Equinor announced. The first LNG is now on tank at Melkøya. View the full article
Harold Hamm, who took Continental Resources Inc. public 14 years ago, says right now his closely held competitors can do what he simply can’t: increase oil production to meet rising demand. View the full article
Billionaire Harold Hamm is poised to throw off the shackles of shareholder discipline so that Continental Resources Inc. can maximize windfall profits. View the full article
SK E&S, a South Korean energy producer with operations in the U.S., has entered into a significant multimillion-dollar agreement to support energy research at the Hamm Institute for American Energy at Oklahoma State University. View the full article
Hamm Institute founder Harold Hamm called Dr. Ann Bluntzer an extraordinarily talented leader who will continue to build the Hamm Institute for American Energy as it tackles the world’s greatest energy challenges and works to secure America’s energy future. View the full article
“This solution enables enhanced reservoir understanding for our customers with a lower total cost of ownership relative to conventional 4D seismic,” said Jan Schoolmeesters, executive vice president of TGS Operations and New Energy Solutions. View the full article
C-5H will be operator Empire Energy’s longest drilled and stimulated horizontal shale well and will target a ~3,000 m horizontal section and ~60 fracture stimulation stages. C-5H will integrate the best completion practices from North American shale analogues and incorporate learnings from Carpentaria-2H and Carpentaria-3H. View the full article
AIQ’s RoboWell autonomous well control (AWC) solution will be made available through Halliburton’s Landmark iEnergy hybrid cloud. This agreement marks a step in AIQ’s goal to expand the adoption of AI-enabled AWC tools to help optimize and increase production in the global upstream sector. View the full article
Halliburton will provide a wide range of services to include fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing, integrating and coordinating these services through Halliburton’s project management service line to ensure efficient and effective execution. View the full article
Halliburton Co. said that sanctions imposed by the U.S., the EU and others require the company to wind down certain contracts in Russia by May 15. View the full article
Halliburton Co. denied reports that it’s in talks to buy Exxon Mobil Corp.’s stake in the huge West Qurna-1 oil field in southern Iraq. View the full article
“I expect international activity growth to accelerate, and the early positive momentum in North America gives me confidence in the activity cadence for the rest of the year,” CEO Jeff Miller said in a statement. “I am optimistic about how this transition year is shaping up.” View the full article
Halliburton Company released DS365.ai cloud service to help customers accelerate their digital transformation with intelligent automation. View the full article
Halliburton Co. said North American oil and natural gas drillers will lift spending by 35% this year, an increase from the biggest fracer’s pre-Russian war forecast. View the full article
“The positive activity momentum we see in North America and international markets today, combined with our expectations for future customer demand, gives us conviction for an unfolding multi-year upcycle,” CEO Jeff Miller said. View the full article
The world’s biggest provider of fracing services is banking on a “multi-year upcycle” outside of its North American base, according to a statement. View the full article
The Octiv Auto Frac service combined with the ZEUS electric fracturing platform and the Sensori Fracture Monitoring Service is a fracturing solution that uses intelligent automation to optimize fracture operations and makes the digital frac site a reality. View the full article
Exxon Mobil Corp.’s multiyear effort to extricate itself from a groundbreaking Iraqi oil deal may hinge on the involvement of one of the world’s biggest frackers. View the full article
Halliburton introduced IsoBond, a cement system that reduces sustained casing pressure at its source to deliver a barrier that minimizes fluid loss, shortens transition time, and improves shear bonding. View the full article
Halliburton Company introduced ExpressFiber, a single-use fiber optic cable that offers accurate, direct subsurface measurements, including cross-well communication, at a price point that enables fracture monitoring on every well pad. View the full article
Halliburton Company announced the creation of Halliburton Labs – a collaborative environment where entrepreneurs, academics, investors, and industrial labs come together to advance cleaner, affordable energy. View the full article
The Clear portfolio includes: ClearTrac wireline tractor; ClearCut non-dangerous goods electromechanical pipe cutters; and, coming soon, ClearShift high-expansion shifters to open and close downhole valves that include barrier isolation devices. View the full article
The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create a complete and connected geoscience solution that enables a subsurface digital twin. View the full article
Halliburton Company today introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualization to maximize well contact with the reservoir and improve real-time reserves evaluation. View the full article
LOGIX assists with autonomous drilling, streamlines well delivery, can shorten production timelines, and reduces rig time through intelligent automation. View the full article
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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.