Since the industrial revolution, the oil and gas industry has played an important role in the economic transformation of the world, fueling the need for heat, light and mobility of the world’s population. Today, the oil and gas industry has the opportunity to redefine its boundaries through digitalisation, after a period of falling crude prices disrupted exploration and production activities, and ineffective mature field development challenges that are currently facing most oil and gas companies in Indonesia. Digitalisation can act as an enabler to tackle these challenges and provide value to all its stakeholders. While digitalisation could be a source of positive change, there are a number of challenges that need to be overcome to realise its full potential for both business and society. In some cases, the gains from digitalisation have been inequitable with the benefits not reaching those who need it most.
Large gas reserves will require to be developed efficiently by implementing the latest technologies and best practices along the entire value chain. Field development plans are expected to be delivered to the highest standard to ensure newly explored gas resources deliver gas production to meet the self-sufficiency target. After successful exploration, an accelerated well delivery process will deliver the vast number of wells required. Identifying synergies between various projects and developments along various design stages will be key to accelerate gas production. State-of-the-art-technology in conjunction with leading project management principles, is expected to play a large role to meet the objectives set in the accelerated gas strategy.
Integrated surveillance is critical for understanding reservoir dynamics and improving field management. A key component of the surveillance is areal monitoring of subsurface changes by use of time-lapse geophysical surveys such as 4D seismic. The purpose of the complete paper is to create a performance-based reservoir characterization by use of production data (measured rates and pressures) from a selected gas-condensate region within the Eagle Ford Shale.
A case study in the deepwater Gulf of Mexico in which pressure transient analysis, fractional flow, and production logging tools were integrated to identify correctly the cause of, and execute an effective remedy for, a well’s productivity deterioration. As part of an effort to evaluate existing riser systems, an operator launched an inspection and testing program to investigate risers retrieved following well abandonment after a service life of nearly 10 years in the Gulf of Mexico. The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August. Integrated surveillance is critical for understanding reservoir dynamics and improving field management.
The program committee chairpersons will open the conference by providing a brief discussion about the conference and highlighting new session topics for this year. As infill wells are developed on pads or zones adjacent to existing producers, it's clear that wells interact. These interactions can have varying severity ranging from only minor pressure or fluid connectivity during completion to significant degradation in long-term well performance of both the original primary well and the new infill well. Characterizing interaction drivers and mitigating potential degradation are critical for optimal development. This panel session will bring together several industry experts to discuss current understanding, emerging technologies for new learnings, and methods for mitigating negative frac-hit interactions.
There is a growing trend toward the use of statistical modeling and data analytics for oil and gas (and related subsurface domain) applications. This session will focus on the state of the art applications of converting data into information—particularly the actionable kind that lead to better decisions.
Completion comes despite two cyclones disrupting the project area during installation, McDermott said. As part of a 2-year deal, the Kreuz Glorious will help with the inspection of offshore jackets in the Arabian Sea. Kreuz will also provide personnel for project management and offshore construction. McDermott announced a letter of award for a contract from Reliance Industries for the deepwater KG-D6 subsea field development in the Krishna Godavari Basin.
The two technology startups aim to bring scale to the visual side of oilfield automation with a new deal that will cover 90% of US energy assets. Inspection data management system software can help companies bolster their mechanical integrity programs, but choosing the wrong software can have a lasting impact on a company’s operations. So, what goes into finding the right software for your needs? Pipeline approvals can be a polarizing topic and advocacy for their viability is crucial for companies. What technologies are being developed to help bolster pipeline integrity, and how is the industry working to assure the general public of their safety and reliability?
This session addresses the challenges of staying above saturation pressure and/or maximizing recovery of the most valuable components for as long as possible, for the entire unit. Additionally, the strategy must include data acquisition and be executed within the confines of reasonable capital requirements, and without significant well intervention. Reservoir & well pressure management issues d. Mature unconventional production wells experience substantial production declines and were likely stimulated less optimally than newer wells. Rather than simply drilling more wells, this has led operators to look to restimulation of wells with reduced production rates and lesser stimulated reservoir volume.