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Decisions in E&P ventures are affected by Bias, Blindness, and Illusions (BBI) which permeate our analyses, interpretations and decisions. This one-day course examines the influence of these cognitive pitfalls and presents techniques that can be used to mitigate their impact. Bias refers to errors in thinking whereby interpretations and judgments are drawn in an illogical fashion. Blindness is the condition where we fail to see an unexpected event in plain sight. Illusions refer to misleading beliefs based on a false impression of reality. All three can lead to poor decisions regarding which work to undertake, what issues to focus on, and whether to forge ahead or walk away from a project. Strategic thinking and planning are key elements in an organisation’s journey to maximise value to shareholders, customers, and employees. Through this workshop, attendees will go through the different processes involved in strategic planning including the elements of organisational SWOT, business scenario and options development, elaboration of strategic options and communication to stakeholders. Examples are provided including corporate, business unit and department case studies. This seminar will teach participants how to identify, evaluate, and quantify risk and uncertainty in everyday oil and gas economic situations. It reviews the development of pragmatic tools, methods, and understandings for professionals that are applicable to companies of all sizes. The seminar also briefly reviews statistics, the relationship between risk and return, and hedging and future markets.
SPE, through its Energy4me programme, will present a free one-day energy education workshop for science teachers (grades 8–12). A variety of free instructional materials will be available to take back to the classroom. Educators will receive comprehensive, objective information about the scientific concepts of energy and its importance while discovering the world of oil and natural gas exploration and production. Energy4me is an energy educational public outreach programme that highlights how energy works in our everyday lives and promote information about career opportunities in petroleum engineering and the upstream professions. SPE’s Energy4me programme values the role teachers and energy professionals play in educating young people about the importance of energy.
Learn more about training courses being offered. Learn more about training courses being offered. This course covers the fundamental principles concerning how hydraulic fracturing treatments can be used to stimulate oil and gas wells. It includes discussions on how to select wells for stimulation, what controls fracture propagation, fracture width, etc., how to develop data sets, and how to calculate fracture dimensions. The course also covers information concerning fracturing fluids, propping agents, and how to design and pump successful fracturing treatments. Learn more about training courses being offered. Current and future SPE Section and Student Chapter leaders are invited to engage and share.
Thank you for attending the SPE Reservoir Characterisation and Simulation Conference and Exhibition. Themed “Reservoir Modelling Digital Technology Transformation”, the seventh edition of the SPE Reservoir Characterisation Conference and Exhibition continued the momentum of the previous six editions and bring together reservoir experts to share expertise in specific topics that most burden the industry. Themed “Reservoir Modelling Digital Technology Transformation”, the seventh edition of the SPE Reservoir Characterisation Conference and Exhibition continued the momentum of the previous six editions and bring together reservoir experts to share expertise in specific topics that most burden the industry. "Our reservoirs’ health is paramount to the future of our industry. More knowledge, more suitable representative physical models, smarter data acquisition, and higher computation capabilities are vital elements to maximising value."
Challenges In Drilling and Completion Of Extended Reach Drilling Wells with Landing Point Departure more than 10,000ft in Light/ Slim Casing Design. New Generation of HTHP Water Based Drilling Fluid Changing Conventional Drilling Fluids Solutions. Take Back Control of Your Capital Project with an EPC 4.0 Strategy Stratigraphical - Sedimentological Framework for the Thamama Group Development in the Western UAE Based on the Legacy Core Data: How the Key to the Future is Found in the Past. Ultra-deep Resistivity Technology as a Solution for Efficient Well Placement; Geosteering and Fluid Mapping to Reduce Reservoir Uncertainty and Eliminate Pilot Hole-first Time in Offshore Abu Dhabi, UAE. Performance Comparison of two different in-house built virtual metering systems for Production Back Allocation.
Preview for all for October; beginning Nov. login required; access for those who received print JPT Primarily used in a few US states, waste-slurry-injection technology could help operators reduce cost, while also potentially reducing their carbon footprint. But the process may still present technical and environmental challenges. ConocoPhillips Promises Big Changes as It Acquires Concho in $9.7-Billion Deal ConocoPhillips promised more than just growth and costs savings when it announced a deal to acquire Concho. Shell has selected Bentley Systems, a provider of software and digital twin cloud services, to help streamline its capital projects and decrease time to first oil. Marking the end of a 2-year existence, Riviera is preparing for liquidation and dissolution.
As the industry moves toward recovery and stability, OTC will attract global industry professionals, government officials, academic experts, and many other organizational representatives to discuss technology and broader industry issues and assess the future. FEI is a maker of high-powered microscopes whose growth plan in exploration and production includes building a service company. Saudi Aramco’s plan to create a global network of research centers is becoming a reality. It recently celebrated the opening of its Houston center that the company’s President and Chief Executive Officer Khalid Al-Falih described as “an upstream research center like no other.”
This 1-day course is an introduction to design and optimization of Flow-Control-Devices (FCDs) and to thermodynamics and pressure-volume-temperature (PVT) in horizontal wells in Thermal Recovery Operations for both SAGD and SA-SAGD. The interaction between reservoir and FCD, and design charts created to evaluate the response of the FCD are discussed. Introduction to thermodynamics and pressure-volume-temperature (PVT): basic law such as: Clausius-Clapeyron Equation, Dalton's law, Henry's Law and Raoult’s law are explained and practical examples such as temperature reduction in chamber due to NCG injection, and temperature reduction at Azeotropic point in ES-SAGD process will be solved numerically. Production Challenges in Solvent Operation: Liquid-pool model and concept will be explained and concern with steam trap control for Nsolv will be discussed and numerically explained. Flashing effect in FCD for both SAGD and SA-SAGD applications Liquid Pool modeling: a method to calculate the liquid pool level from temperature profile in observation wells will be discussed, and an algebraic equation for liquid pool depletion based on wellbore drawdown, subcool and emulsion productivity is generated and discussed in practical examples.
At the 2018 SPE International Conference and Exhibition on Health, Safety, Security, Environment, and Social Responsibility, Abdulla Al Marzooqi, manager of ADNOC’s Group HSE Unit and conference chairman, spoke with reporter Eithne Treanor. Abdulmunim Al Kindy, upstream director at the Abu Dhabi National Oil Company, delivered the keynote address at SPE’s international HSE conference in Abu Dhabi, saying that fundamental changes in work practices mean that effective HSE protection measures must remain at the center of operations. Abdulla Al Marzooqi, manager of health, safety, and environment for the Abu Dhabi National Oil Company, is the conference chair for the 2018 SPE International Conference and Exhibition on Health, Safety, Security, Environment, and Social Responsibility. When SPE’s international health, safety, and environment conference opens in April, it will bring together professionals from around the world. This gathering of professionals, on top of the technical information shared, is what makes the conference so important, said Jack Hinton, program cochair.
The World Bank has urged countries of the Gulf Cooperation Council to prioritize environmental sustainability while diversifying their economies away from a reliance on hydrocarbon revenues in an era of lower energy prices. Saudi Aramco has announced that it is joining the World Bank initiative Zero Routine Flaring by 2030.