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By the latter 1970's, North Slope crude will be an integral and major part of North American oil supplies. But rather than being merely supplemental, North Slope production will introduce new competitive relationships among other North American crude sources.
There can be little doubt now that Alaska's North Slope is emerging as the most significant development in domestic exploration and production of the last 40 years. This new and major source of production will be a pivotal factor in North American oil balances by the mid-1970's, if not sooner. The West Coast is an obvious market for early North Slope production. The Midwest appears to be no less attractive a market. And the East Coast is within reach - particularly if the Manhattan project is successful, and by pipeline, in any event provided the North Slope reserves are there. provided the North Slope reserves are there. The entry of North Slope oil will pose new competitive problems for other domestic and Canadian production. This is not to say that North Slope oil production. This is not to say that North Slope oil will make or break North American crude prices; but it will bear significantly on competitive relationships in the major refining centers that it reaches and thus inevitably affect the relative valuation of alternative crude supplies. North Slope oil will thus also have an important influence upon future refinery locations and upon product watersheds. It obviously must be an important consideration in the determination of future import policy. All in all, the North American oil environment of the 1970 is going to look very much different from what we might have anticipated before the North Slope discoveries. And although there remains considerable uncertainty as to ultimate North Slope potential, making projections risky and planning potential, making projections risky and planning difficult, final decisions, neither corporate nor public, can be made without somehow taking into account the implications of the North Slope.
North Slope Potential
The available evidence as to North Slope potential is dramatic, but scant. This is partly because recent exploration was necessarily directed to providing selected information for September's lease auction, and the results are only beginning to trickle in. Also, and more importantly, it is because the basic job of Arctic exploration is only beginning. (September's $900 million of bonuses will pay the way for several seasons of dry holes as well as successful wells, but this is very much inherent in the exploration process.) Thus any estimate of future reserves inevitably must be tentative. Our own preference is to work with a range whose span is not unreasonable, but whose significance is in the implications that follow rather than in the numbers per se. For analytical purposes, then, we take 15 to 20 billion bbl as a lower figurethis being a volume of reserves that would already appear to be within reach. This order of reserves would support production of some 2 million B/D about the mid-1970's, and perhaps 3 million B/D by 1980. perhaps 3 million B/D by 1980. JPT
Abstract This paper reports on key learnings acquired over the last two years from of the implementation of five Advanced Collaborative Environments (ACE) projects, as part of BP's global FIELD OF THE FUTURE programme in the North Sea. ACE transforms the way onshore and offshore staff interact and collaborate, with the objective of improving operating uptime and plant efficiency. The paper will describe:How the behaviours of onshore and offshore teams have changed, and the subsequent impact on business performance. The benefits realised during the early months of ACE operation, including both tangible and non-tangible value recognised. The impact of ACE projects on both the onshore and offshore population. Plans to continue the ACE journey by deploying and exploiting new and existing technologies to: ○Further improve the efficiency of the offshore/onshore interface. ○Change the working relationship between BP and some of its third party suppliers. ○Deliver global expertise more effectively to the point of need. What is ACE? ACE is defined as a physical and/or virtual environment in which people collaborate using shared information It can include a permanent place of work, a "go-to" place, or even a group of geographically disparate desks digitally linked together to create a virtual environment. It can be offshore, onshore or span the two. The style and type of ACE appropriate to a particular team is determined by the need to balance collaborative versus solitary work and between real-time and longer-term collaboration. However, while understanding that ACE can be both physical and virtual is conceptually important, for the sake of clarity, this paper will refer to ACE only as onshore or offshore physical environments. Status In January 2007, BP North Sea's ACE project moved from the detailed design and piloting phase into the implementation phase. This meant:The initial pilots used their new environments as part of business-as-usual and benefits could be accrued and measured. The standard solution could be rolled out to those teams not involved with the intial pilots. There are currently five live ACE pilots, four of which have high bandwidth communications between the office and platform, while one remains constrained. Two of the four high-bandwidth pilots maintain an almost-always-on high definition (HD) video connection, while a third uses their HD connection for key interactions during the working day. The fourth is awaiting offshore installation work to allow a meaningful link to be established. A further four ACE projects have been developed in BP's new North Sea headquarters, and are due for occupation during first half of 2008.
After 50 years of continuous membership in SPE, a member is automatically inducted into the Legion of Honor. Members in the Legion of Honor are exempt from dues. They also receive a commemorative certificate and lapel pin in honor of their achievement, free registration for all SPE Annual Technical Conference and Exhibitions, and recognition in the Journal of Petroleum Technology.
CGG began a multiclient 3D survey in the Northern North Sea to provide a second azimuth over its existing Northern Viking Graben (NVG) multiclient 3D survey and extend into open acreage on offer in the UK 32nd License Round. The survey will acquire approximately 2,000 km2 of additional data in an east-west direction, which will be processed with existing north-south data to produce a dual-azimuth volume. The added azimuth will improve the imaging of multidirectional fault patterns prevalent in the region. Improved resolution will help resolve complex and marginal reservoir stratigraphy. The new survey is the first in a planned multiyear project, leveraging strategic partner Shearwater GeoServices.
Graham, C.G.; Marine Exploration Limited (MAREX -U.K.) American Institute of Mining, Metallurgical, and Petroleum Engineers, Inc. This paper was prepared for the SPE-European Spring Meeting 1975 of the Society of Petroleum Engineers of AIME, held in London, England, April 14–15, 1975. Permission to copy is restricted to an abstract of not more than 300 words. Illustrations may not be copied. The abstract should contain conspicuous acknowledgment of where and by whom the paper is presented. Publication elsewhere after publication in the JOURNAL paper is presented. Publication elsewhere after publication in the JOURNAL OF PETROLEUM TECHNOLOGY or the SOCIETY OF PETROLEUM ENGINEERS JOURNAL is usually granted upon request to the Editor of the appropriate journal provided agreement to give proper credit is made. provided agreement to give proper credit is made. Discussion of this paper is invited. Three copies of any discussion should be sent to the Society of Petroleum Engineers office. Such discussion may be presented at the above meeting and, with the paper, may be considered for publication in one of the two SPE magazines. Abstract The offshore industry needs to know more about the North Sea environment to help it design structures and plan operations. Only a limited amount of measured data have, until recently, been available. Today, comprehensive data acquisition programmes are underway or are being planned. A review is made of these, and of the design statistics generated from the measurements. Introduction The severity and variability of North Sea weather are well known to those engaged in North Sea Oil Exploration and Production. The environment, in one way or another, influences virtually every aspect of offshore development, be it at the planning, design or field operational stage. There is a definite need for the offshore industry to increase its knowledge and understanding of the North Sea environment, and to quantify the range and kind of conditions likely to be encountered. The only way to achieve this, if it is not to depend upon theory alone, is for the industry to collect detailed measurements of the environment. For this to be effective, organised measurement programmes need to be set up; equipment must be carefully chosen and checked during operation to ensure data quality and reliability. This may be stating the obvious but, unfortunately, the amount of reliable data collected during the early exploration days is limited. Naturally, there have been problems (not least with the environment itself), but in relation to the potential benefits of reduced operational down-time and costs, there has been, until the last two years or so, a regrettable lack of investment in the North Sea data gathering. Even when measurement programmes have been initiated, returns have often proved low. This has sometimes been caused by unsuitable equipment but, more often than not, through insufficient emphasis being placed on regular equipment maintenance and calibration, and on personnel instruction - as basic as the need to change chart rolls and re-fill pens with ink. To-day, the situation is better, but there is certainly room for further improvement. Besides the data still being collected by the exploration rigs (with obvious gaps in the data for rig moves) and gas production platforms, there are now three consortia - each one oil platforms, there are now three consortia - each one oil industry and British Government sponsored - operating weather ships at three strategic locations around the U.K. Continental Shelf With the coming of the fixed steel and concrete production platforms throughout the North Sea, the future is likely to see the establishment of a new breed of offshore weather stations. The collection of the data represents only half the picture. picture. P. 11