July 2017 | Volume 69, Number 7
It's Hard To Make Money in Deepwater, Even With Billions of Barrels To Produce
Low oil prices have made the goal of this Petrobras project and its four partners to lower the break-even price of operating to USD 35/bbl.
15 June 2017 |
Ushering in a New Era of Oilfield Innovation With the Internet of Things
As E&P companies slowly ramp up drilling and production activities while adjusting to a new period of “lower for longer” prices, the time is right for widespread adoption of the IoT.
OTC Focuses on Downturn-Led Innovation and the Bottom Line
Technical papers and panel presentations at this year’s Offshore Technology Conference (OTC) reflected the times, with a clear focus on doing things more efficiently and cheaply and how innovation and incremental improvements in technology can help.
Emerging Leaders Navigate Their Career Path
The 2016 Emerging Leaders Alliance brought together delegates to expand their leadership skills. Three delegates share their learnings in performance management, emotional quotient, and transitioning from technical to management roles.
Distinguished Lecturer Topics Set for 2017–2018 Season
With speakers from various disciplines and professions, the program focuses on industry trends, challenges, and technology applications.
After Years, ‘Big Crew Change’ Has Passed, But Learning, Training Challenges Remain
While the industry grappled with the disruptions caused by collapsing oil prices, the long-awaited “big crew change” took place almost unnoticed. But some of its challenges remain.
Two Ways To Stretch the Lives of Risers and Mooring Lines
The future of many offshore developments hangs on extending the lives of mooring lines and risers.
Reinvention, New Realities Central Theme of Offshore Europe 2017
Petrobras, Wood Group, Shell, BP CEOs are among the industry leaders scheduled to speak at SPE Offshore Europe 2017 in Aberdeen.
The Big Payoff for Drilling the Perfect Well
By creating a different sort of partnership for a drilling project with close cooperation and greater efficiency built into every detail, including the contracts, Statoil was able to halve the cost of drilling eight wells at its Johan Sverdrup field.
Want To Make Deepwater More Profitable? Shell Says Listen to the Facility Staff
One of the oldest deepwater platforms in the Gulf of Mexico has become a profit-leader for the oil major during this downturn and is now a model for the company’s other floating assets.
System Adds Reliability, Efficiency to Attaching Well Construction and Completion Tools
A new attachment system overcomes the limitations of traditional methods for securing tools and accessories to drilling and completion strings.
01 July 2017
Baker Hughes and General Electric (GE) announced the executive team that will lead Baker Hughes, a G.......Read More
In Memoriam —Chris Nussbaum
02 June 2017
Chris Nussbaum, SPE, died 5 May. He was the chairman of the SPE Aberdeen Section from 2009 to 2011. .......Read More
First Offshore Drilling Merger: Ensco Buys Atwood Oceanics
The offshore drilling sector has taken a step towards consolidating an oversupplied market and Ensco will emerge from this most recent deal as the owner of the largest combined fleet of floaters and jackups.
These Are the Forks in the Road to Drilling Automation
Along its journey to full-automation, the US drilling sector is facing a series of important crossroads that will determine what the so-called “rig of the future” really will be.
Data and Digital Hold E&P’s Future, Says New Century CEO
Leveraging data to drive the best technology solutions and inform business strategy is the route to future industry success, says a US independent’s top executive.
Permian Production Boom to Continue, Says Laredo CEO
Industry efficiency gains in the Permian Basin are “very pivotal and we’re not done. We’re still making improvements,” says Laredo Petroleum’s Randy Foutch.
Wild Well Control Aims To Tame Leaky Wells
Well cement is cheap but there are questions over its reliability when it comes to stopping methane migration. A Houston-based blowout specialist is pushing for an alternative.
Independent Artificial-Lift Consultant
Two things stood out when I looked at this year’s abstracts. First, well over half of the abstracts were related to electrical submersible pumps (ESPs). This is a significant increase from the last couple of years. Second, there was a clutch of artificial-lift-method-selection papers.
Chief Production Engineer, Santos
New-Frontier Reservoirs I
You want to know how to immediately make a step change in your business and improve your own promotion prospects. You want to know the key technologies you should be implementing now. To develop your longer-term strategy, you want an awareness of future trends now. Consider your wish granted.
Principal Professional, Saudi Aramco
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ON THE COVER
2017 SPE President
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