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In tectonically influenced regions, potential hydrocarbon traps are subject to complex states of stress. This paper presents a coupled 3D fluid-flow and geomechanics simulator developed to model induced seismicity resulting from wastewater injection. Knowing which horizon crude oil flows from and in what proportions has been a major challenge for shale producers. Increasingly, they are turning to new technology to find the answer. Seismic imaging provides vital tools for the exploration of potential hydrocarbon reserves and subsequent production-planning activities.
In tectonically influenced regions, potential hydrocarbon traps are subject to complex states of stress. 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.
Is Optical Gas Imaging the New Solution for Methane Detection? Thermal imaging helps operators maintain regulatory compliance on methane-emissions requirements. Optical gas imaging technology may be an answer in allowing for faster, more efficient inspections, but there are hurdles to its adoption. How can its widespread use become a reality? Water Outside the Permian: How Are Other Basins Handling the Volumes?
The Colorado Oil and Gas Conservation Commission approved new rules governing well construction, testing, and related matters, which the agency says will result in the strongest rules nationwide to protect groundwater from contamination from oil and gas activity. The number of temporarily abandoned oil and gas wells is up 37% from last year, but Colorado regulators say they still have the time—and money—to inspect them. The Colorado Oil and Gas Conservation Commission approved an $18.25 million fine against Kerr-McGee, a subsidiary of Anadarko Petroleum, which has now been acquired by Occidental Petroleum. The money will go to establish the Mark Martinez and Joey Irwin Memorial Public Projects Fund. The county commissioners approved regulations for new oil and gas facilities in the county that match or exceed state rules.
Actions to decarbonize operations and operations during the COVID-19 pandemic are among the highlights. Royal Dutch Shell will announce a major restructuring by the end of the year as the energy company prepares to accelerate its shift toward low carbon, Chief Executive Officer Ben van Beurden told employees, a company source said. The oil and gas industry was created by fierce entrepreneurs, wildcatters, and visionaries. But, in the last 50 years, it has lost its way. The industry desperately needs a paradigm shift. Here are four pillars upon which we think the reinvention of the oil and gas industry should be based. The company is creating two new business groups: Natural Resources, focused on developing the upstream oil and gas portfolio sustainably, and Energy Evolution, dedicated to supporting the evolution of the company’s power generation, product transformation, and marketing. Launched in collaboration with industry leaders and academia, the Microsoft Energy Core aims to accelerate digital transformation, build coalitions for responsible innovation, deliver skilling initiatives, and address sustainability and societal challenges. The controversial surveying technique has been used around Australia to look for oil and gas, but some environmentalists and scientists have warned the effects on marine life could be deadly.
Last fall, European Space Agency satellites detected huge plumes of methane leaking from the Yamal pipeline that carries natural gas from Siberia to Europe. Energy consultancy Kayrros estimated one leak was spewing out 93 tonnes of methane every hour. The UK’s offshore oil and gas industry has committed to halving operational emissions in the next decade, confirming its pathway to becoming a net-zero emissions basin by 2050. The cement industry is exploring carbon capture technology to reduce its carbon footprint.
A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology. Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline. Sourcing water, flowback water services threatened as D&Cs decline. Cutbacks in oil and gas production and drilling and completions will result in a decrease in produced water and will also lead to a reduction in water infrastructure investment. The fact sheet, in conjunction with other IPIECA water management guidance, is intended as a guide to explore opportunities to reuse produced water.
The deal follows BP’s divestment of its global petrochemicals business in late June. Designed to be a “living” map, it focuses on the largest fixed infrastructure for crude oil and refined products such as trunk pipelines, refineries, and storage facilities. Supreme Court upholds ACP’s controversial permit to lay pipe under national forest and across two states. McDermott’s completion comes 19 months after it was first awarded. SapuraOMV achieved first production from the Larak gas field in January.
Askeladd Vest is Phase 2 of the Snøhvit gas development, which is expected to see an FID this year. The drop in US LNG exports comes amid a combination of weak demand, ample supply, additional capacity coming on line, and flexibility to cancel US cargoes. A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology. Poland state officials said the terminal expansion is crucial to strengthening the country’s energy security by increasing its capacity to receive LNG and gas from European countries and decreasing its dependence on Russia.