The major accident of 6 July 1988, when Britain’s Piper Alpha facility caught fire and exploded, remains one of the worst imaginable scenarios for everyone working in and with the petroleum industry. Its lessons are still relevant. The Piper Alpha incident in the UK North Sea had a profound impact on the development of process safety culture and legislation around the world. With the great crew change already taking place, this column reflects on the disaster to ensure that its lessons are not forgotten.
The outlook in the UK is a case study of the squeeze facing E&P in other basins where operators are trying to pay to sustain production with discoveries, while plugging and abandoning old wells, all paid for by the lean cash flow due to low oil prices. Subsea inspection/repair/maintenance services have traditionally relied on vessel-based, ROV, or diver operations. In the longer term, identifying significant incremental savings in these operations is not sustainable and an innovative approach deploying digital technologies is being investigated. The deal gives Equinor an additional 7.5% ownership stake in the Njord redevelopment project and associated tiebacks in the Norwegian Sea, and potentially raises Faroe’s value in the midst of a hostile takeover attempt by DNO. Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea.
Researchers at Heriot-Watt University in Edinburgh, Scotland, are building replica core samples using 3D printers and installing sensors inside them as they go. Their goal is to directly monitor pore-scale flow behavior from the inside of these so-called “smart rocks.” Service companies are using the latest generation of additive manufacturing technology to print out steel components for big ticket downhole tools. There is great potential for the technology to drive down equipment costs and improve performance.
I joined the eMentoring program to share my experiences with fellow young professionals. I wanted to guide them on the kind of attitude required to work outside of their comfort zones and to get work done safely and efficiently. Since we're from the same generation, we will all have faced similar issues and problems and can learn from each other along the way. After building an initial rapport, my mentees and I agreed to communicate via email once a week. I believe that good mentoring requires two-way communication.
Decommissioning and abandonment comes with its share of unexpected surprises, but many of those surprises could be avoided merely through better planning and care. The next big wave of decommissioning and abandonment projects is set to occur in the Asia-Pacific region, and APAC’s operators are now tasked with finding cost- and time-effective ways of unwinding their huge agglomeration of wells and facilities. The outlook in the UK is a case study of the squeeze facing E&P in other basins where operators are trying to pay to sustain production with discoveries, while plugging and abandoning old wells, all paid for by the lean cash flow due to low oil prices. An influx of new investment and operational efficiencies borne out of the oil price downturn have led to a drop in projected decommissioning costs. Decommissioning multiple wells in one campaign helped some operators achieve time savings of 33% per well.
With the purchase, the growing, privately-held Chrysaor Holdings will expand its UK North Sea production to 185,000 BOE/D. The state-run offshore company has found a gas and condensate field that holds an estimated 250 million BOE. The latest example of the offshore sector's march toward automated wellbore construction will take shape later this year in the North Sea. Just 2 months after issuing more than a hundred licenses, the Oil and Gas Authority begins the process again for a whole new set of blocks. The company announced it would “initiate the process” of marketing its UK Central North Sea fields as part of a portfolio review.
This course allows an overview and in-depth look at the framework, classifications, and applications of SPE’s Petroleum Resources Management System (PRMS). Participants will gain a solid understanding of this valuable resources management tool, including insight into the latest updated version (PRMS 2018) that is due to be published shortly. PRMS is a powerful management tool that is widely used in the industry. If your job includes any aspect of resources management, this course will enhance your skills. This course is for anyone who works closely with the generating and reporting of reserves, and for those who make or use resources estimates for business decisions.
This course allows an in-depth look at the framework, classifications and applications of SPE’s Petroleum Resources Management System (PRMS). Participants will gain a solid understanding of this valuable resource management tool. The Petroleum Resources Management System is a powerful management tool that is widely used in the industry. If your job includes any aspect of resource management, this course will enhance your skills. This course is for anyone who works closely with the generating and reporting of reserves, and for those who make resource estimates for business decisions.