E&P Magazine - June 2018
This month’s E&P cover story focuses on advancements in completions and the types of systems and tools that are enabling producers to set production records and lead the industry out of its downturn. TGT Oilfield Services reports on how creating reservoir profiles can enable better well and field management decisions, while Liberty Oilfield Services shares how physics-based multivariate analysis helps optimize completions. Finally, Quantico pushes forward the trend toward digitalization by addressing how subsurface artificial intelligence systems can transform well completions.
It remains to be seen what, if any, the limit to completion efficiencies might be, but industry innovators are seizing the opportunity market conditions have afforded them. The features in this month’s cover story give an inside glimpse into a few of those innovations.
As I See It
Knowledge sharing ensures the offshore oil and gas industry is leaner and meaner in 2018.
Creating reservoir flow profiles can enable better well and field management decisions.
A study of the Middle Bakken showed how physics-based multivariate analysis helps completion optimization.
The oil major sees deep water as a material part of its overall upstream portfolio.
New online options ensure greater access to training.
Technology transfer programs can fill the R&D need for small to midsize companies.
Regulatory and recruitment headwinds are hitting oilfield trucking in a time of rising demand.
The promise of big discoveries offshore South America is set to continue for years to come.
Completions and Production
New technologies are rapidly taking on traditionally ‘human’ tasks.
An industry survey shows increasing use of digitalization to ensure smoother operations.
The first step in winning the cyber threat war is being prepared.
An approach seeks to develop a better understanding of completion designs in the natural fracture network of the Permian Basin’s Wolfcamp Formation.
An enhanced subsea system enables capital-efficient, flexible field development.
The need for more data processing capability and communication flexibility has led to the development of hybrid technology to do more for less.
A new multicomponent resin offers operators an alternative method for well barrier creation and repair.
Intervention system revives well production at reduced risks through data-driven decisions.
A smaller topside footprint is made possible with a single-unit system.
Riserless light well intervention technology is still talked about as if it’s a new technology, despite the first campaign being run in 1987. The technology’s possibilities are ever-expanding.
Advances in sliding sleeve technology drive efficiency and keep pace with growing completion program requirements.
High-resolution data, dense spatial sampling and near-offset/near-angle information are key elements for success.
Innovations in completions and the region’s high oil content factor into favorable economics and output growth.
An industry partnership responds to changing industry needs with new SSSV design.