PetroChina Tarim Oilfield Co. worked with Southwest Petroleum University researchers to test new drilling fluid technology designed to prevent formation damage for ultradeep fractured tight sandstone gas reservoirs. Source: News

A common geoscientific misconception is that land-based shear-wave (S-wave) seismic data accounts for only a small percentage of the total amount of compressional-wave (P-wave) data acquired in historical seismic surveys. Source: News

Communicating the economic value of seismic data can be challenging, observes career geophysicist Nancy J. House, who has an advantage in this area. Source: News

The region where Ohio, Pennsylvania, and West Virginia meet could provide several suitable sites for natural gas storage facilities that could attract petrochemical and related plants to the area, a study issued by West Virginia University’s Appalachian Oil & Natural Gas Research Consortium (AONGRC) concluded. Source: News

Despite the success of its Kayak discovery and traces of oil in the Gemini North, Statoil ASA says its latest Korpfjell well in PL859 came in as a noncommercial gas discovery (OGJ Online, July 5, 2017). Jez Averty, Statoil’s head of exploration in Norway and the UK, said, “We have so far not had a […]

A federal appeals court overturned the US Federal Energy Regulatory Commission’s approval of three proposed southeastern US natural gas pipelines and ordered the regulator to more closely examine potential environmental consequences of using gas that the systems would carry. Source: News

Oil & Gas Journal’s look at the leading 100 oil and gas producing companies based outside the US allows for comparison of the size and results of the entities for which financial results and production and reserves data are available. Source: News

The OGJ150 group of US oil and gas producers collectively posted 2016 full-year net losses of $47.66 billion on revenues of $477.6 billion compared with net losses of $141 billion in 2015 on revenues of $584.5 billion. Source: News