July 2018 | Volume 70, Number 7
The UK North Sea: How To Manage an Aging Basin
A recent spike in production has engendered a cautiously optimistic outlook for the UKCS, but will it do anything to stave off the overall decline of the mature basin?
Higher Capability, Lower Costs With Cloud Subsurface Data Management
Lower oil prices, lack of experienced personnel, and uncertainty about long-term global oil and gas demand are driving petroleum companies to seek new ways to improve operational capability and lower costs.
Machine Learning Can Enhance and Add Jobs
The perceived change stemming from the spread of machine learning and artificial intelligence can feed alarming predictions about massive job losses, but replacement of humans is a low priority among organizations implementing these technologies.
OTC at 50: Offshore Sector More Optimistic as Oil Prices Continue To Rise
The 50th edition of the Offshore Technology Conference in May indicated that the sector is beginning to recover 2 years after the oil price slump. Topics discussed: what price will make offshore profitable, companies’ billion-dollar splurges offshore Brazil, and promising startups.
Argentina’s Shale Play is Beginning to Live up to Expectations
Wells are starting to come on stronger than expected, which is putting a new emphasis on orginizing all the other ingredients needed for shale production: more rigs, roads, pipelines, water, and sand.
Characterizing a Coal-Seam Gas Reservoir by Interpreting Permanent DTS Data
In Australia’s Surat Basin, gas is contained in hundreds of coal seams, which have highly variable properties and are grouped into four distinct reservoir zones of similar qualities.
Shallow Ports Keep US from Exporting Even More Crude
Even though exports are rising to more than 1.6 million B/D, the US is facing a new bottleneck at its port facilities.
Marriage of Ideas Could Allow More Deepwater Gas to Shore
When two engineers lost their jobs during the industry downturn, they used the misfortune as an opportunity to develop an innovative concept that aims to make it a lot easier to move subsea gas long distances.
Total Prepares Exit from Big Iran Project as US Sanctions Renewed
The US re-imposing sanctions on Iran has prompted Total to consider dropping its stake in a project designed to bolster output from the world’s largest gas field.
ConocoPhillips Considering Sale of North Sea Assets?
The potential sale could net as much as $2 billion, depending on which assets were made available. The company has not launched a formal process but is said to be testing the waters, according to a new report by Reuters.
How ConocoPhillips Solved its Big Data Problem
Unconventional operators are finally beginning to use to their advantage the nearly endless stream of data they’ve collected over the years. ConocoPhillips explains how it has seen real improvements in its operations by removing data friction and opening up access across typical work silos.
A radical digital revolution is happening all around us (or so we are told). Applying this to reservoir simulation, we apparently need to understand better when and, more importantly, when not to use such technology—to appreciate its bounds, its limitations, its range of validity, and so on.
Senior Engineering Adviser, Occidental Petroleum
Chief Production Engineer, Santos
Principal Professional, Saudi Aramco
In my previous features, I discussed the challenges facing carbon dioxide (CO2), both technical and economic. By far the biggest use of CO2 is in enhanced oil recovery (EOR). In this feature, the focus is on overcoming the biggest challenges facing CO2 EOR—gravity override and mobility.
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ON THE COVER
2018 SPE President
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