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The video shows some of the issues encountered while building the Appomattox and how the team drew on the knowledge of those outside of the oil and gas industry to overcome them. The attention of the energy industry has focused in recent years on the Permian Basin. But as the Permian gathers the attention, another aging oil field is making its own comeback.
The evaluation of waterfloods often is focused on issues at the well level. But each well is only one part of a bigger system. For this reason, it is important to diagnose a waterflood from multiple viewpoints: the field, pattern, and well levels. Matt Balhoff, associate professor at the University of Texas Petroleum and Geosystems Engineering Department, shares the latest advances in his research on enhanced oil recovery. There is a big prize to be claimed in enhanced shale and tight oil recovery.
Full-year 2017 and fourth-quarter financial results show an improving picture for the industry’s three largest oilfield services companies. After 3-plus years of cutbacks, the service sector outlook has turned relatively positive. More than 10,000 global industry professionals are expected to attend the SPE Annual Technical Conference and Exhibition (ATCE) from 9–11 October in San Antonio, Texas.
When methane is found in water wells near an unconventional well, fingers point to fracturing as the likely suspect. But a study of wells in the Utica Shale named other sources. The Texas Supreme Court ruled late in April that the Railroad Commission of Texas, the state’s oil and gas regulator, does not have exclusive jurisdiction over environmental contamination cases, which can be settled in court.
He is a petroleum engineer for BP based in Houston, Texas. He recently moved back from Abu Dhabi where he spent 4 years helping a team start up a new offshore field. Clemens has worked in several operating environments across the US and in the Middle East in shale, tight sand, coal bed methane, and carbonate formations both onshore and offshore. At work he specializes in designing well interventions, stimulation and well testing, and new field startups. He is currently working on an audit team that looks at company projects across the globe. Originally from El Paso, Texas, Clemens later moved to Austin where he graduated from the University of Texas. He has been a volunteer with TWA since 2014 supporting multiple sections prior to transitioning to a leadership role in 2017. Before TWA he served in a leadership capacity for OTC’s The Next Wave, a one day conference for energy young professionals. Outside of work he enjoys golf, rock climbing, and traveling with his wife, Kate.
The industry has figured out how much opportunity lies in the Permian Basin’s Delaware subbasin, and the Delaware play is now dominating US unconventional oil activity, Citigroup’s Jeff Sieler told the SPE Gulf Coast Section reservoir group recently. Industry efficiency gains in the Permian Basin are “very pivotal and we’re not done.
The oil and gas industry is increasingly characterized by complex connectivity, but our digital dependency brings a new realm of cyber risks. For the upstream industry, where improvement in efficiency or production can drive significant financial results, there is no question that the size of the digital prize is huge. The international major is calling its latest multiwell project in the Permian Basin a “beacon of innovation.” The goal is to see if combining digital technologies will lower the operating costs of its shale assets.
What Damage Is Wrought by the Rush to Shut In Wells? The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins. The industry has very limited experience in shuttering production on a large scale in unconventional reservoirs. Many questions remain on how stimulated, nanodarcy shale reservoirs may respond. George King discusses the paradigm shifts needed in the industry.
The US Chemical Safety Board will investigate the blowout that killed three workers at a Chesapeake Energy well in central Texas. This paper focuses on the preparation for, and implementation of, well-control training, while highlighting the integration of people skills into curricula and what advantages operators and drilling contractors have obtained. Fiber-optic technologies—distributed temperature sensing and distributed acoustic sensing—have been experiencing an ever-increasing number of applications in the oil and gas industry as monitoring systems. This paper describes the mobilization of a snubbing unit and blowout preventer (BOP) stack in the Middle East that enabled a well with an underground blowout and surface broaching to be brought under control within a short time. The resignations come as the company makes downward revisions to its production guidance after a disappointing performance from its TEN and Jubilee fields offshore Ghana.
What Damage Is Wrought by the Rush to Shut In Wells? The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins. Autonomous Inflow Control Valve technology demonstrates significant benefits within first year. As operators feel the pinch of low oil prices, so, too, do their service providers. The room for error and cost overruns just got a lot smaller with the escalating need to make operations more efficient and leaner with fewer resources and investors continuing to prioritize ESG alongside profitability.