E&P Magazine - April 2018
E&P’s cover story this month focuses on trends in digital innovations that are being leveraged by companies around the world. “The Digital Human” focuses on how companies are utilizing aerial drones and robots, augmented reality and VR, and wearable technologies to improve efficiencies and enhance safety. In addition, editors spoke to Binu Mathew, senior vice president and global head of digital products for BHGE, about the challenges of implementing artificial intelligence and digital technologies.
Seismos, a technology provider for the oil and gas industry, reported on a suite of products that monitor perforation effectiveness and well connectivity in real time, while AspenTech addresses ways in which the large amounts of data are best utilized. In addition, Seven Lakes Technologies offered insights into how capital planning can help streamline existing processes and reduce errors, and Quorum Software described innovations in well life-cycle reporting in the Digital Age.
These technologies, among countless others, are leading the oil and gas industry into a new age that features streamlined operations, substantially improved safety and a workforce that blends human know-how and ingenuity with cutting-edge digital innovations.
As I See It
A change in mindset signals significant growth by the oil and gas industry.
An executive shares his views on how the oil and gas industry can benefit from the application of technology advances made in AI and digitalization.
Leading capital planning systems are providing exactly what the oil and gas industry needs to get back on its feet: automated systems, quality data, visibility, reporting and scheduling.
Digital technologies help expand access to well information.
Models encapsulating the reservoir, production processes, equipment and economics provide the opportunity to fully leverage available data.
Drones, AR/VR and wearable devices enhance the workforce’s efficiency while improving safety.
Cloud-based well completion systems help operators make data-driven decisions and improve performance.
ConocoPhillips adds Alaskan acreage while seeing global production growth.
Digital technology will transform the pace of change within the safety and risk sector.
New completion techniques are lowering the cost per unit of gas production and spreading across the Haynesville—and to basins beyond.
Major discoveries have been announced in the past few months. Can this success persist?
The partnership between public and private entities continues to drive innovation in U.S. unconventional resource plays.
Completions and Production
As digital innovations take hold, the oil and gas industry is undergoing an evolution of its workforce.
Removing people from harm’s way is only the tip of the iceberg.
Low-density proppant use in slickwater applications can help improve reservoir contact and fracture complexity.
Reduced operation time between stages can lead to higher fracture complexity and improved drainage efficiency.
New service approach saves operators time and money.
The Internet of Things is proving to have a place in production operations.
New telemetry systems are opening the path to full life-of-well pressure and fluid management.
Partnership influences product development that reflects changes in operational demands.
Drilling efficiencies are maximized with integrated MPD systems.
A nodal recording unit with a unique form factor leads to improvement in coupling and vector fidelity on land seismic surveys.
A slot perforating method saves time and reduces well abandonment costs.
A system has been developed to deliver cost savings by removing the need for cutting and pulling a casing when removing annular fluid.
Experience and expertise combine to introduce a new business model, innovative products and novel concepts for subsea production.
Permanent spacers help fine-tune pump operations while enhancing safety.