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Thank you for attending the SPE Workshop. This workshop addressed all types of stimulation practices used in the North Sea and continental Europe. To achieve a fruitful discussion, this workshop was designed to address both the very specific technical challenges and the fundamental questions pertaining to stimulation in a sensitive land and offshore environment. Optimising stimulation treatments in these economically challenging times, in both a technical and environmental arena, requires special considerations. The participation of major and independent operating companies and service companies allowed a wide sharing of views, experiences, and opinions on how to proceed toward successfully meeting all well objectives.
We stand at the threshold of the 4th industrial revolution which will impact all of us in our personal, professional and public lives. It will bring about a level and scale of change that we have never before witnessed. The oilfield will not be immune to these changes and rather than sit back and wait for the changes to come to our industry, we should be proactive in introducing them. It is imperative that we obtain an understanding of the digital and technological developments that are driving these changes so we can plan to bring them into our workplaces to help our teams, assets and organizations understand how to pilot and deploy and ultimately derive business benefit from them for all organization stakeholders. In so doing, we can visualize how strategic combinations of talents and technologies from both petroleum and digital are revolutionary, can enable digital transformation, and allow us to work towards an "Oilfield 4.0" vision for each of our organizations.
Describing operational sequences, Modern Well Design presents a unified approach to well design process and walks through an overview from spudding the well through drilling and completion to startup and production. Attendees will learn elementary rock mechanics and simple ways to analyze borehole stability. The information is then applied to fracture gradient curve design, which serves as input to the well design process. Discussions regarding the potential for optimization will conclude the course. Some of the practical solutions given in the course come from many years' experience in the North Sea, and are not published elsewhere.