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US upstream news

 

Rystad Energy predicts US shale supply to peak around 2030

US Light Tight Oil (LTO) represented less than 1% of global oil supply nine years ago but now represents close to 10% of total global oil supply, a percentage which is expected to continue its ascent going forward.

 
 
 

Blockchain to be implemented in Bakken shale field

The OOC Oil & Gas Blockchain Consortium, whose members include Chevron Corp., ConocoPhillips, Exxon Mobil Corp., Equinor and Royal Dutch Shell, has awarded a contract to Data Gumbo to pilot blockchain technology for water handling services.

 

Clariant opens laboratory in Houston

The laboratory is part of a global Clariant initiative to expand HTE capabilities to all Clariant Business Units, including direct support for oil services in North America, the Asia Pacific region, Latin America, Africa and the North Sea.