From the highest courts of the US judicial branch to the C-suite, contests involving patents have recently come to the fore in the innovation hungry US oilfield services industry, even as filings and litigation have declined in recent years. Seeking out, experimenting with, and ultimately embracing technologies from other industries have proven crucial to innovating at oilfield service firms such as Halliburton, which has tried everything from dog food to submarine tech to improve its work downhole. R&D may be the key to the survival of companies as the new economics of the industry take hold. The R&D Technical Section dinner at ATCE drew varying perspectives as the panelists discussed, and sometimes debated, a range of approaches to safeguarding industry viability and growth in the years ahead. Even as the oil and gas industry looks for the next great idea to propel it forward, it should constantly reconsider past innovations for inspiration, the CEO of a major operator said Monday on the opening day of 2017 SPE ATCE.
In need of an exploration boost, Norway doled out a record 83 production licenses in mature areas of the Norwegian Continental Shelf to 33 firms. Norway hopes for a continued rise in offshore exploration and development activity to ensure steady oil and gas production through the next decade. Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts. A reservoir-conditions coreflood study was undertaken to assist with design of drilling and completion fluids for a Norwegian field. Multiple fluids were tested, and the lowest permeability alterations did not correlate with the lowest drilling-fluid-filtrate-loss volumes.
The complete paper highlights elements of the technical development and an overview of the primary building blocks of the system, and presents in detail some of the challenges in developing, designing, and testing the control system. As the hunger for data grows, long stepouts become more common, and fiber communication becomes standard, the use of fiber in subsea oil and gas fields is set to increase. The paper provides a fast-track approach to perform screening assessment of multiple subsea concepts. Technologies are being developed that have the potential to support marine mining in all stages from prospection to decommissioning. These developments will likely have substantial influence in the oil and gas industry, itself searching for ways to maximize exploitation of assets.
In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel. Completion comes despite two cyclones disrupting the project area during installation, McDermott said. AUVs have evolved from an emerging technology with niche uses to a viable solution and an established part of operations in various marine sectors. Douglas-Westwood’s AUV Market Forecast considers the prospective demand for AUVs in the commercial, military and research sectors over the next 5 years.
The reciprocating compression division manufactures and services compression and engine systems that are used in a variety of applications, including the transmission of natural gas across domestic and international pipelines. Pioneer shut in 8,000 BOE/D production in its West Panhandle field in Texas on 6 March due to a compression station fire. Planning to use idle compressors, production is expected to restart later this month or in early April. As compressor stations are added to the natural gas gathering and transmission networks, the potential noise issues are coming under increasing public scrutiny at the same time as regulations are being rolled back.
The new deals, valued at approximately $2.9 billion over 3 years, cover services for liner hangers, downhole monitoring, and additional completions on the NCS. Called Eelume, the underwater drone will perform subsea inspection, maintenance, and repair work. A project of “firsts,” Equinor’s Aasta Hansteen spar platform began producing gas on 16 December, opening a new region for gas export to Europe and the UK. Aqualis Offshore and Aker BP have signed a 5-year frame agreement. Aker was awarded 23 new production licenses by the Norway Ministry of Petroleum and Energy on 16 January.
In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel. The subsea operations company said its most recent campaign is the first fully unmanned offshore pipeline inspection completed “over the horizon,” surveying up to 100 km from the shore. The subsea tieback is expected to start up in 2021. The Neptune-operated project is on track to start drilling later this year, with first oil scheduled for the end of 2020.
The technologies born out of innovative ideas have been critical for advancing deepwater assets in the past, and venture-capital investment helps incubate risk-taking companies developing those technologies. With digitization becoming a greater focus in industry, what role will venture capital play? Called Eelume, the underwater drone will perform subsea inspection, maintenance, and repair work. As operators look for cost-efficient ways to address the challenges in facility maintenance and deepwater exploration, autonomous underwater vehicles are being developed for complex data gathering and advanced tasks. The Technology Roadmap identifies R&D opportunities that will allow the US to be the leading producer of oil and gas into the future.
With the purchase, the growing, privately-held Chrysaor Holdings will expand its UK North Sea production to 185,000 BOE/D. The state-run offshore company has found a gas and condensate field that holds an estimated 250 million BOE. The latest example of the offshore sector's march toward automated wellbore construction will take shape later this year in the North Sea. Just 2 months after issuing more than a hundred licenses, the Oil and Gas Authority begins the process again for a whole new set of blocks. The company announced it would “initiate the process” of marketing its UK Central North Sea fields as part of a portfolio review.
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. This paper bridges the gap between operational petrophysicists and FTS specialists, introducing an automated work flow by which petrophysicists can conduct FTS jobs.