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Guide to Understanding Drilling Contracts: What Is A Day Work Contract?
Estimated reading time: 7 minutes The upstream or E&P segment of the international oil and gas industry, is in all probability, the riskiest in terms of capital intensity,…
Read MoreUnderstanding Petrophysics and Application to Carbonate and Fractured Reservoirs
Estimated reading time: 6 minutes What is petrophysics? Petrophysics is defined as the study of the physical and chemical properties of rocks and their interactions with contained fluids. Petrophysics…
Read More6 Features of Production Sharing Contracts
Estimated reading time: 5 minutes Regional Masterclass Production Sharing Contracts 2019 A PSC (Production Sharing Contract), or PSA (Production Sharing Agreement) was first introduced in Indonesia in 1960 for…
Read MoreUnderstanding Subsurface Pressures
Estimated reading time: 3 minutes Understanding subsurface pressures and their effects on the hydrocarbon system is a key input into developing successful exploration strategies, efficient well planning and ensuring…
Read MoreAPI 936 Refractory: Definitions Guide
Estimated reading time: 4 minutes The API 936 Refractory Personnel certification is an industry-recognised certification for inspectors in the industry. It sets the standard for inspectors who are trained…
Read MoreUnderstanding Costings in EPC Contracts
Estimated reading time: 4 minutes As global demand for power generation continues to grow, there is a growing shift in both the pricing and costing methodologies employed by…
Read MoreThe 4 Most Common Risk Mitigation Strategies
Estimated reading time: 5 minutes Project risk management is defined as the process of identifying, analyzing and then responding to any risk that arises over the life cycle of…
Read More4 Tips to Improve Well Integrity Management
Estimated reading time: 4 minutes Since 2009 to 2015, it has been estimated that poor well integrity has cost operators around the world more than US$75 billion. Factors such…
Read MoreAbundance of oil discoveries in east and west Africa
Estimated reading time: 5 minutes Currently, deepwater areas have become the hotspot of global oil and gas exploration. They contribute to the increase in oil and gas reserves and production.…
Read MoreThe Haze Crisis and Implications on the Industry
Estimated reading time: 6 minutes Large burning of forests in Indonesia has contributed to the haze currently happening in South East Asia. The forest fires that are occurring on…
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