HPHT fields are increasing in relevance every year in different areas of the world. Conventional fields have represented the vast majority of application during the last years. However, unconventional fields, which require in some cases very high pressures to achieve the required fracture gradients and extend the flow area are becoming a very common area of application for HPHT well completion designs.
Currently, about 65% of worldwide oil is produced by waterflooding, produced water re-injection (PWRI) and production with strong water support. Yet, formation damage is a serious obstacle for oilfield development. Intensive well and water management are necessary to prevent decline in well injectivity and productivity. This is the focus of the training course. We cover the major cases of formation damage, the corresponding reservoir physics, laboratory studies and mathematical modeling, and well behaviour prediction leading the optimal well and water management strategies.
Among the thousands of exhibitors at each year's Offshore Technology Conference (OTC) are dozens of companies making their initial appearance at the world's largest industry show. This year, one such company was Gulf Steel Works (GSW), a steel-fabrication business based in Saudi Arabia's Jubail Industrial City. Like many other companies, GSW's officers hoped to capitalize on the unparalleled worldwide industry exposure that comes with a presence at OTC. However, they also hoped to play their part in a Saudi initiative designed to spark international investment in the Saudi hydrocarbon sector while simultaneously bolstering the development of the country's infrastructure in an effort to strengthen the autonomy of its economy.
Aquatech introduced the SMARTMOD modular evaporator for the oil sands market. The flexible, redeployable system uses a vertical tube falling film evaporator design for treating difficult produced-water sources. The system is capable of reducing power consumption by 10%, according to the company. Its multiple section design ensures ASME distillate quality, and online washing allows for continuous distillate production at more than 70% of design capacity during washing.
Ueli Thuerig became president of PSG EMEA (Europe, Middle East, and Africa), Karl Buscher was named president of PSG Americas, and David Wang was appointed president of PSG Asia. Previously, Thuerig was president of PSG Europe and Buscher was senior vice president of PSG commercial. Buscher joined PSG in 2011 as senior vice president of the newly created PSG commercial organization. Wang joined PSG in 2010.
In response to incidents such as the explosion of the Deepwater Horizon in April 2010, the oil and gas industry has worked to generate methods that help ensure safe and environmentally responsible offshore operations. Despite these efforts, a research fellow at the Ocean Energy Safety Institute (OESI) argued that incident prevention methods will not be effective unless industry generates facility, equipment, and system designs that consider potential human-factors issues.