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Hydrocarbon processing and treating systems often require large and elaborate surface facilities. When operating in challenging locations, such as deep water or the Arctic, these systems can be expensive. The data collected via monitoring and metering applications are increasingly viewed as central to assessing production performance and in decision making to optimize field development and operations. The Constitution spar in the Gulf of Mexico has an original nameplate separation capacity of 70,000 BOPD and 200 MMscf/D of gas. Production potential from future developments is expected to exceed this limit.
This paper discusses a probabilistic flux and erosion model and work flow that extend the ability to estimate inflow through sand screens on a foot-by-foot basis along the wellbore using the well's completion details, production rate, and reservoir and bottomhole flowing pressures. In 2014, a research and development (R&D) project was initiated to increase the life expectancy of Gulf of Mexico (GOM) Miocene and Lower Tertiary water-injection (WI) wells, several of which had suffered a severe loss of injectivity within only a few years of completion. Analytics, sensors, and robots are changing the way one of the world’s largest oil and gas companies does business. Underpinning all the new technology though is a shift in how BP thinks, and what it means to be a supermajor in the 21st century. This paper describes a coreflooding program performed with sandpacks at different permeabilities, water qualities, and injection conditions.
Wood Mackenzie expects the ongoing outbreak and disruption to the world’s second largest economy to be a one-off event, yet it could remove at least 500,000 B/D of crude demand in the short term. Rapid scale-up of CCUS projects is critical to achieving net-zero carbon emissions by 2050. Methane emissions from California garbage dumps far surpass emissions from oil fields, according to a NASA survey. The decision comes 2 months after UK shale operator Cuadrilla Resources halted stimulation work at its Preston New Road site in Lancashire because of a magnitude 2.9 seismic event. This study incorporates previous learnings, as well as globally collected data, to develop a strategy that can be used to help implement an industry-specific mental health program.
Macroeconomic and business risks, investor uncertainty, and the energy transition highlight the challenges outlined in the report. But an equally daunting challenge for the industry heavyweights is keeping their ever-expanding digital systems secure. The author argues that the advent of cloud technology should not be regarded as a further challenge to security but an opportunity to revitalize and improve a company’s defenses dramatically. Researchers mapped 251 faults in the North Texas home of the Barnett Shale, the birthplace of the shale revolution, finding that wastewater injection there “significantly increases the likelihood for faults to slip.” The Bakken and Niobrara operator will eliminate 254 jobs in an effort “to better align [its] business with the current operating environment.”
This paper shows how high-frequency, real-time drilling data from wired drillpipe has helped optimization of drilling performance and achievement of additional improvements in the New Mexico Delaware Basin. Landmark deal called most significant since 1979 peace treaty. The complete paper describes the development of a smart robotic inspection system for noncontact condition monitoring and fault detection in buried pipelines. This paper describes a material designed to interact specifically with highly corroded and weathered pipe to enable in-place application and refurbishment. The $5.6-billion deal includes the Prudhoe Bay field and the Trans Alaska Pipeline and vaults Hilcorp to be the second-largest Alaska producer and reserves holder, behind only ConocoPhillips.
Most of ConocoPhillips’ oil and gas production by the end of the next decade will come from its unconventional operations. But, for the near-term, the Houston independent will rely on conventional assets as it seeks to keep spending in check, decline rates low, and cash flow on the rise. Equinor, Microsoft, and Halliburton are among those joining forces. In my view, we still do not possess a full understanding of oil production in unconventional fractured reservoirs. Our ability to forecast such assets remains elusive, even with copious amounts of analytics, mountains of data, and an arsenal of machine-learning tools.
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. Figuring out how far apart to place horizontal wellbores remains one of the biggest challenges facing the future of the shale revolution. One roadblock appears to be the way in which the sector has traditionally measured these distances. Equinor, Microsoft, and Halliburton are among those joining forces.
Merging new knowledge and technological capabilities among the disciplines—and beyond—will be crucial to sustaining the industry for the long term. For the past 20 years, the diagnostic fracture injection test has been used across the frontlines of the shale revolution to paint a picture of what cannot be seen. 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. Colombia’s New Ambitions Include Caribbean and Shale Development, But Are They Achievable?
Fluid saturation isn't what it used to be when it comes to unconventional reservoirs. Our guest is among those sharing new research to discuss the shale sector’s changing perspectives on the importance of mobile hydrocarbons vs. immobile hydrocarbons. 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. The types of advancements made in real-time drilling data acquisition and processing are now on the doorstep of the North American completions sector.
Producers and investors continue to reward small companies with big solutions that lean on new software and hardware to lift the bottom line of one the world’s few trillion-dollar industries. The international major is calling its latest multiwell project in the Permian Basin a “beacon of innovation.” The goal is to see if combining digital technologies will lower the operating costs of its shale assets. For the past 20 years, the diagnostic fracture injection test has been used across the frontlines of the shale revolution to paint a picture of what cannot be seen. However, that picture has not always been so clear in the eyes of subsurface engineers.