FuelFix
Oil falls sharply on supply worries; OPEC gains gone
Crude’s losses accelerated, erasing gains sparked by OPEC’s November output agreement, as concerns over a supply glut mounted. U.S. stocks fluctuated after falling in oil’s tow as earnings boosted insurers. West Texas Intermediate crude fell...
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OTC Commentary: How digital technology is transforming oil
By Ahmed Hashmi Fourteen years ago, at its 2003 annual energy conference here in Houston, Cambridge Energy Research Associates (CERA) presented a bold vision of how digital technology might transform the world of oil and...
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Q & A: How new technologies shear deepwater costs
The recovery in energy prices won’t produce a mad rush into deep-water fields anytime soon, but drillers are still spending billions this year on more cost-efficient projects that can outlast cheap oil, says the executive...
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OTC Commentary: Big data comes to deepwater drilling
By Matthew Franchek An unexpected equipment failure can affect offshore producers much the way an unexpected closure of Interstate 10 affects Houston drivers. Everything comes to a stop. For drivers, that means lost time. For...
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Attending OTC, but investing in onshore drilling
Even as he manned his company’s booth at Houston’s Offshore Technology Conference on Wednesday, Kevin Anderson saw a certain irony in attending the industry’s annual summit. “You have to go where the oil companies are...
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