Bob Carpenter, SPE, Research Consultant, Chevron Exploration and Technology CompanyThe number and economic contribution of unconventional (tight gas/shale and steamflood) wells continued to increase rapidly in 2011, as did the participation of major operators. That increased industry focus was evident again in the distribution of papers. Also, there were more papers relating advances in plug-and-abandonment, Arctic, high-pressure/high-temperature (HP/HT), and carbon-capture technologies.
John Hudson, SPE, Senior Production Engineer, ShellAs an industry, we clearly have moved beyond the heady first years of the digital transformation, where the anticipation from many was that within a few years we would have a consolidated software solution spanning the scope of E&P workflows. While the stories told by such a panel naturally focused more on success cases (particularly for large greenfield applications), what emerges is evidence of large-scale benefits when a company invests in repeating successful patterns at its scale of operation—this is found to be true for both operators and service companies.
Alvaro Felippe Negrão, SPE, Senior Advisor, Woodside Energy USAOur industry has been involved in incidents that demonstrated the need of a new approach for evaluating and mitigating the risks in well construction. The "what’s worked well in the past" conservative approach is not possible anymore, in face of the damaged trust of the public about upstream activity. Though the criticism soars against exploration and production activities, the industry has allocated substantial investments in research for new technologies aimed to preclude risk events of recent years. New procedures and technologies, in addition to existing ones, will be deployed in the near future to eliminate blowouts or underground contamination from upstream operations.
Jacques Braile Saliés, SPE, Drilling Manager, Queiroz Galvão E&PNo word defines deepwater projects better than "innovation," and on 25 February 2012, one of the most innovative field-development projects came on stream: Cascade and Chinook (C&C) in the US Gulf of Mexico (GOM). One well is producing from Cascade to the first floating production, storage, and offloading (FPSO) vessel in the US GOM. The project brings several firsts and innovations that will be available to the entire oil industry in the near future.