The History of Iraq’s Basrah Heavy Crude Oil: Its Production, Plants, and Price Understanding the dynamics of Basrah Heavy Crude Oil can be challenging due to its historical nature and how it has been a primary driver in the development of different...
Azeri Light Crude Oil: History, Production, and Price of Azerbaijan’s Crude Oil Azerbaijan has proven about 4 billion barrels of crude oil reserves, making it one of the region’s largest oil producers. However, the location and production capacity of this...
Alvheim Crude Oil: The History, Production, Transport, and Price of Norwegian Blend Alvheim blend is a Norwegian blend of heavy crude oils from the North Sea produced by Statoil. It has an API gravity of between 30 and 32 degrees. The crude oil used in the Alvheim...
Who Said Data is the New Oil? The term “data is the new oil” was coined by British mathematician and data scientist Clive Humby in 2006. Since then, many people have used this idea or something similar. But it wasn’t until 2017 that The Economist...
With the recent introduction of digital technologies in exploration, drilling and production, the oil and gas industry has become more data-driven. Seismic and micro-seismic data analysis, improved reservoir characterization and simulation, reduced drilling time and...
