Ten years ago, news reports frequently cited peak oil as a looming problem facing our world. Technology and innovation has since been developed that allows us to tap into rocks that were previously deemed impossible to extract oil from, reversing this trend. The Western Canadian Sedimentary Basin has been a leader in this movement with entrepreneurs using new technology to develop our resources in a safe and reliable way. Ten years ago, news reports frequently cited peak oil as a looming problem facing our world. Technology and innovation has since been developed that allows us to tap into rocks that were previously deemed impossible to extract oil from, reversing this trend.
Previous studies demonstrate that Montney rock samples present a dual-wettability pore network. Recovery of the oil retained in the small hydrophobic pores is uniquely challenging. This study compares the performance of openhole-packer completion systems with that of cemented-liner completion systems in the northern Montney gas resource play. The Montney formation in Canada is one of the largest resource plays in North America.
With the busy and intense streets of Seoul and the calm and refreshing nature of its mountainous range, South Korea makes a unique destination that everyone should experience at least once. The largest city located below sea level, and a UNESCO World Heritage Site, Baku, Azerbaijan, boasts scenic nature attractions and an oil industry dating back many centuries. By the end of 2018, Western Australia will be exporting nearly 50 million tonnes per annum of LNG. This is an exciting time for the young professionals lucky enough to call Perth their home. A Harvard Business Review article explores the challenges of settling back into your own culture after returning from an assignment.
With the busy and intense streets of Seoul and the calm and refreshing nature of its mountainous range, South Korea makes a unique destination that everyone should experience at least once. Logos can tell a story by illustrating a business’ brand, vision, ambitions, and core values. In this edition of Young Professionals’ Guide To, we explore two major oil and gas company logos. With a theme on Big Data, this year’s ATCE has plenty in store for young professionals. Data story consumers are focused on summarized results and highlights instead of details of the analysis.
Cenovus Energy announced that it reached 1 billion bbl of cumulative production from its oil sands facilities in northern Alberta, becoming the first company to reach this milestone using SAGD technology. Steam-assisted gravity drainage (SAGD) is a prime example of how structured research and development (R&D) has led to the commercial implementation of technology, helping unlock hydrocarbon resources to fulfill society’s energy demands.
Cenovus Energy announced that it reached 1 billion bbl of cumulative production from its oil sands facilities in northern Alberta, becoming the first company to reach this milestone using SAGD technology. Kevin Birn is part of the IHS North American Crude Oil Markets’ team and leads the IHS Energy Oil Sands Dialogue.
An improved occupational health and safety system comes into effect on 1 June to better protect Alberta workers and ensure they have the same rights as other Canadians. The Alberta Energy Regulator has issued two draft directives that will require upstream oil and gas operators to reduce methane emissions from upstream oil and gas sites by 45% from 2014 levels by 2025. On 16 June 2017, the Alberta Oil Sands Advisory Group released its report Recommendations on Implementation of the Oil Sands Emissions Limit Established by the Alberta Climate Leadership Plan.
One of the most important environmental issues of openpit mining is the closure of mine pit lakes. This article from Mining Engineering provides an account by Gerry Stephenson, who was chief mining engineer of Canmore Mines and was instrumental in the reclamation of Canmore Creek Mine pit lakes. Among other things, Bill C-69 has replaced the Canadian Environmental Assessment Act, 2012, with an Impact Assessment Act, replaced the National Energy Board Act with a Canadian Energy Regulator Act, and made changes to the Navigation Protection Act. A new regulation includes provisions related to the timely abandonment of "dormant sites," a new site classification that refers to inactive wellsites operated by solvent companies. "I have some patients whose symptoms I can’t explain," physician Ulrike Meyer said, describing nosebleeds, rare cancers, and respiratory illness among a dearth of data.
It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths. The Canadian and Alberta governments and three energy companies said on 11 May that they will spend CAD 70 million (USD 51.14 million) to develop three new clean technology projects, aimed at cutting costs and carbon emissions in the country’s oil sands.
Don't miss our latest content, delivered to your inbox monthly. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter. The main goal of production logging is to evaluate the well or reservoir performance. Halliburton’s broadened paid family leave program offers eight weeks of bonding leave, which can be taken within 12 months from the date of childbirth or finalized adoption. Groups of students and young professionals generated digital solutions for an abandoned field in Norway using publicly available field data during a SPE hackathon event held in Bangalore, India.