Lease operating expense is a key operational parameter
Expediting decisions and increased collaboration can improve project satisfaction for integrated project delivery.
Automation projects come with many challenges that seem daunting because of their complexity. Learn about six common automation project management challenges and learn about five tips to overcome them including planning ahead and leveraging available technology on the plant floor.
Honeywell announced its UOP Russell business has introduced a high-recovery cryogenic gas processing plant that is 50% larger than other pre-engineered plants currently available and is designed to recover more than 99% of high-value ethane from natural gas.
Russia is set to reap record ruble revenues from the upstream oil and gas sector over the next six years thanks to tax changes and production growth.
GlobalData reports that North America is forecast to add the highest trunk pipeline length to the global crude oil pipelines industry with 44% of global planned additions by 2022.
The EIA reports that oil prices are expected to drop from recent highs by the end of 2018 due to higher production from OPEC and Russia.
Infrastructure is a must-have when an industry switches from import to export.
Ever more data leads to alternative means for capturing it as oil and gas refineries upgrade or migrate legacy control systems.
Oil production in the Permian Basin will rise nearly 3 million barrels per day (mbd) to 5.4 mbd in 2023 with nearly 41,000 new wells and $308 billion in upstream spending between 2018 to 2023 driving that growth.