Looking Downhole: A Basic Guide to Oil Wells

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Understanding what it is like downhole (a term referring to the underground part of the oil well operation) is important for a variety of reasons; but most importantly, it is one of the fundamental aspects in understanding the procedures for: drilling a well, how and why a bore hole is not complete until the casing strings are run and properly ... Read More

Drilling Technologies

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Oil well drilling is a complex operation and the drilling industry engages the services of personnel and a complicated array of machinery and materials to drill an oil/gas well to depths greater than 6000 meters, The drilling industry has seen technological progress, however, these advances have not changed the fact that, besides the use of complicated machinery, successful drilling is ... Read More

Growth in global oil demand

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The Oil 2023 medium-term market report forecasts that based on current government policies and market trends, global oil demand will rise by 6% between 2022 and 2028 to reach 105.7 million barrels per day (mb/d) – supported by robust demand from the petrochemical and aviation sectors. Despite this cumulative increase, annual demand growth is expected to shrivel from 2.4 mb/d ... Read More