New Technologies

Halliburton releases new hybrid drill bit

Halliburton Company introduced Crush & Shear Hybrid Drill Bit, a new technology that combines the efficiency of traditional polycrystalline diamond compact (PDC) cutters with the torque-reducing capabilities of rolling elements to increase drilling efficiency and maximize bit stability through changing formations.

Equinor collaborates with Microsoft on Northern Lights carbon capture and storage value chain

Equinor has signed a Memorandum of Understanding (MoU) with Microsoft to explore ways to support the Northern Lights carbon capture and storage (CCS) project as a technology partner. Microsoft will explore using the project to enable the transportation and storage of captured CO2 . Equinor is developing the project together with Shell and Total as equal partners.

CGG GEOSOFTWARE CONTINUES INNOVATION WITH NEW RESERVOIR CHARACTERIZATION TECHNOLOGY

CGG GeoSoftware has released new versions of its Cloud-ready reservoir characterization and petrophysical interpretation software with innovative enhancements that boost performance and improve usability.

CGG SMART DATA SOLUTIONS BUSINESS WINS DATA MANAGEMENT CONTRACTS

CGG Geoscience has announced that its Smart Data Solutions (SDS) business group has recently been awarded data management contracts representing a total backlog of about $10 million.

Halliburton Landmark Introduces Digital Well Operations Solution

Halliburton Co. introduced Digital Well Operations, a DecisionSpace 365 cloud solution, on Oct. 8. Digital Well Operations is the industry’s first open and integrated well operations software that seamlessly connects the entire value chain—operators, service providers, logistics providers and rig providers—to deliver more efficient and safe wells.

Schlumberger: EGAS centralizes, increases access to 25 TB of data

Schlumberger Case Study: ProSource E&P data management and delivery system enhances data security, digitization, and accessibility.

ExxonMobil and Berkeley Make Major Breakthrough In Carbon Capture Tech

Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material that could capture more than 90 percent of carbondioxide emissions from industrial

Drones taking off in energy industry

Energy companies, facing a future of lower oil prices, are increasingly adopting drones to inspect offshore drilling rigs and other operations as they seek to increase efficiency, cut costs and improve worker safety