The past decade has seen significant changes in oil and natural gas development prices, costs, and new well productivity. IHS Global Inc (IHS) just released a report on trends in well development costs for the U.S. Energy Information Administration (EIA) to help understand the cost drivers and trends in energy production.
Through an ongoing partnership with Discovery Machine Inc. (DMI), ShaleNET developed an instructional process utilizing 3D simulated training environments, also referred to as 3D immersive scenarios, which replicate natural gas and oil production well locations. (more...)
With the evolution of directional drilling and hydraulic fracturing, energy companies are consistently moving forward with new technology, and data collection is one aspect vital for sound business management in the pipeline market.
The National Association of Regulatory Utility Commissioners (NARUC) will join the Department of Energy (DOE) in a three-year technical partnership to learn more about emerging technologies pertaining to the critically important issue of pipeline safety.
The Sustainable Energy in American Factbook, produced by Bloomberg New Energy Finance and commissioned by the Business Council for Sustainable Energy, provides a detailed look at the US energy and the role that a range of new technologies are playing in reshaping the industry. (more…)