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SPE is educating the next generation of aspiring engineers, scientists and managers about the oil and gas industry. This is an opportunity for school students in grades 9–12, studying Mathematics, Physics, Chemistry, Geography or interested in Petroleum Engineering are invited to join SPE members from all over the globe to discover the world of Petroleum Engineering. School teachers are invited to bring a group of 10–15 students. Students will be treated to a range of hands-on activities and presentations from renowned engineers. The oil price outlook coupled with the response of each oil and gas company to make ends meet has led to severe exploration budget cuts.
The current presentation date and time shown is a TENTATIVE schedule. The final/confirmed presentation schedule will be notified/available middle of October 2019. If we have learned anything from the North American experience, unconventional resources cannot be exploited by small incremental projects. If we are to be successful in developing these types of reservoirs, we have to make project scale operations work to bring these resources to market in a timely manner. A number of Eastern Hemisphere unconventional gas projects have raised interest, neared completion or are commencing deliveries.
Since the industrial revolution, the oil and gas industry has played an important role in the economic transformation of the world, fueling the need for heat, light and mobility of the world’s population. Today, the oil and gas industry has the opportunity to redefine its boundaries through digitalisation, after a period of falling crude prices disrupted exploration and production activities, and ineffective mature field development challenges that are currently facing most oil and gas companies in Indonesia. The recent downturn in the oil and gas industry has led to massive layoffs. Digital industrial revolution is slowly changing how upstream businesses operate. Increasing public awareness of climate change has fuelled the urgency to shift to cleaner alternative energy.
McDermott’s completion comes 19 months after it was first awarded. SapuraOMV achieved first production from the Larak gas field in January. Production from Train 3 comes almost a month after reaching its final commissioning stage. Commercial operations will follow testing and authorization from FERC. McDermott was selected previously for a study of the FPU.
Armada to install ROV launch and recovery system on its fleet of robotic ships. Delivery of the umbilicals is expected in Q4 2021. The King’s Quay FPS achieved FID in Q2 2019, and is expected to process up to 80,000 B/D of crude oil with first production in 2022. WFS Technologies’ collaboration is its second in as many months supporting its Seatooth technologies. Petrofac’s well management contract comes nearly a month after IOG received approval for phase 1. The contract also follows an EPC contract awarded to Subsea 7 in May.
Unprecedented, perfect storm, a black swan event—all ways of describing the situation the oil and gas sector finds itself in right now. After 4-1/2 years out of service, the massive Wafra oil field in the Saudi-Kuwaiti Onshore Partitioned Neutral Zone, is set to resume production sometime soon and ensuring a smooth restart is no small order.
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. Country had hoped to boost oil output and bring in much-needed revenues. This paper describes a coiled tubing gas lift (CTGL) technique successfully used to restart production from two pilot wells in a mature field in Pakistan that had been shut in since 2015. But the flow of ideas continues.
The complete paper discusses the importance of adequate preparation and the approaches used to overcome challenges of EOR operations, including handling back-produced polymer. To predict liquid-loading tendencies and to identify opportunities for production enhancement, the performance of 150 gas wells was analyzed in two gas fields in India. Annual report says that governments have the greatest capacity and responsibility to shape the energy future.
The cementing services market size in the US is expected to drop 50% year-on-year from 2019. The significant drop in Permian Basin activity will account for 40% of the total market size reduction. The complete paper presents a case study in which offline cementing improved operational efficiency by reducing drilling times and provided significant cost savings. This year, excellent papers have been presented, augmenting our knowledge and responding to the challenges of complex wells and efficiency requirements. At the same time as we “Strengthen the Core,” we continue to focus on design, delivery, and evaluation of cementing operations.
Africa (Sub-Sahara) Aker Energy, as operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, encountered oil in the Pecan South-1A well offshore Ghana. Total volumes are estimated at 600 million–1 billion BOE. Aker Energy has a 50% participating interest in the block. Partners are Lukoil (38%), Ghana National Petroleum Corporation (GNPC) (10%), and Fueltrade (2%). Eni announced a discovery at the Agogo‑1 NFW well in Block 15/06 in the Agogo exploration prospect offshore Angola. The discovery, in 1636 m of water, is estimated to contain 450–650 million bbl of light oil in place. Eni owns a 36.8421% stake in the Block 15/06 joint venture.