Niall Fleming, SPE, Leading Advisor for Well Productivity and Stimulation, StatoilAdvances in nanotechnology have revolutionized many aspects of medical treatments and electronics, and huge potential exists for similar benefits to be realized in the oil industry. Operators and service companies, in cooperation with academia, are investigating the potential applications of nanotechnology and examining the scope for crossover technologies that have been developed for other industries.
Angel G. Guzmán-Garcia, SPE, Engineer Advisor, ExxonMobil Exploration CompanyThe times they are a-changin’, Bob Dylan sang in the mid-1960s. And it seems to be the case in our industry today. With the never-ending search for new sources of hydrocarbons in more-complex environments, the application of old technologies has not been satisfactory to help us fully realize the new exploration opportunities.
Ian G. Ball, SPE, Technology Advisor, IntecseaIn last year’s Offshore Facilities Technology Focus (February 2012), we highlighted the increasingly important role that constructive collaboration plays in facilitating delivery of successful field-development outcomes in increasingly challenging environments. In this edition, we illustrate the vital importance of innovative technological advances in enabling some of these challenging field developments that would otherwise not be technically feasible.
Stéphane Menand, SPE, Managing Director, DrillScan USWhen searching OnePetro for papers dealing with "real time," "drilling," and "optimization," one notices that 85% of SPE papers dealing with these three terms have been written over the last decade (2002–12). Indeed, there is an accelerated trend strongly supported by drilling companies (especially operators and service companies) of reducing nonproductive time, speeding up the learning curve, and optimizing drilling efficiency to reduce drilling cost and avoid unexpected failures.