JPT Tags

SPE.org 

Australia’s BHP Billiton and the recently acquired Anadarko Petroleum submitted the largest dollar totals of high bids in US Gulf of Mexico Lease Sale 253. Moving their directional drillers into their Houston real-time remote operations centers has improved drilling efficiency for two of the top shale producers. In its first 50 years, LNG has become the world’s fastest-growing gas supply source and is now part of an upheaval in the global energy market. Today, the sector stands at a crossroads, and the industry must adopt new thinking to address current and future needs of buyers, sellers, and consumers. There is a new, big independent in the UK North Sea, Delek Group.