Oil and gas: open for business

United States oil and gas employment grew 5.4 per cent in 2018, taking on more than 880,000 new professionals. Employees are also being paid more – the US oil and gas industry’s payroll for 2018 was six per cent higher than the previous year. Attracting a workforce Investment in technology and efficiency gains enabled the…

Africa: the state of oil and gas

Six of the ten fastest growing economies in the world are in Africa. With a growing population that is becoming more urbanised, total energy demand in the region is forecasted to increase 60 per cent by 2030. On the up Africa’s oil and gas industry was hit hard by the 2014 oil price crash. Oil…

US flaring: calling all pipelines

The US oil and gas industry is booming. Natural gas production has increased by 50 per cent in the last decade, with crude oil production up 140 per cent in the same period. Now also on track to become the world’s third largest Liquefied Natural Gas (LNG) exporter, US oil and gas production could even…

Managing natural gas

Flaring levels in the Bakken Region hit record highs in 2018. Throughout the year, operators called for increased government investment in methods of collecting, managing and storing excess natural gas. How can these processes be delivered in 2019? Preparing for delivery The most common way to transport gas is through a network of pipelines. However,…

Meet Fluenta at the 4C Environmental Conference

Every year industry leaders, prominent subject experts, policy shapers and decision makers meet at the 4C Health, Safety and Environmental Conference to contribute to the shared goals of safety, compliance and education in the oil and gas sector. Heading to the conference February 6-8 2019, Fluenta will display its leading ultrasonic measurement technology to educate…

Oil and gas: fuelling 2019

The 2014 oil price crash halted investment in new oil and gas projects and caused a major re-evaluation within the industry. When oil prices returned to costing between 60 and 70 USD per barrel, confidence rose and investments in new oil and gas sites resumed. Now many countries are on the cusp of reaching record…

2018: the hunt for oil

2018 was the best year for global oil and gas exploration since 2015, according to Rystad Energy. Discovered resources surpassed 8.8 billion barrels of oil equivalent (boe), with the number expected to grow to 9.4 billion boe by year’s end. An upwards trajectory The 2014 oil price drop – driven by a recession and rapidly…

Flaring in 2018: A year in review

Routine flaring – when excess natural gas is burned for reasons other than safety – wastes a valuable energy resource that could be used to support economic growth and progress. Across the globe countries are working on reducing routine flaring, helping make better use of the natural gas produced during the drilling of oil wells.…

Flaring in Permian Basin doubles

Flaring in West Texas’ Permian Basin averaged a record of 407 million cubic feet per day in the third quarter of this year. In mid-2017, operators in the Basin were flaring 200 million cubic feet per day – less than half of today’s average. The Permian Basin represents the US’ largest petroleum-producing basin. Operators have…