May 2018 | Volume 70, Number 5
Drilling by the Numbers Demands Better Numbers
As leaders in digital drilling analysis push into real-time data analysis and digital controls, they are finally confronting data-quality problems. Humans are better than machines at dealing with ambiguous readings.
Will Blockchain Become the New Operational Backbone in Energy?
Energy companies are looking to distributed ledger technology—otherwise known as blockchain—to help navigate the complex transactional systems that make up their operations. What is blockchain, and what makes it valuable to our industry?
Drilling’s Next Generation of Challenges
Stories from the IADC/SPE Drilling Conference look at how the next generation of engineers is performing, the hottest well ever drilled, and the art of translating drilling numbers into executive reports.
US Onshore Pressure Pumpers Adjusting to New Market Demands
Higher oil prices and higher-intensity completions are increasing the need for US onshore pressure pumping horsepower. Will still recovering pressure pumpers and equipment manufacturers be able to step up?
SPE Board Announces Nominees for 2020 President and 2019 Directors
Shauna Noonan is the nominee for 2020 SPE President. She and six others make up the slate of nominees recommended for positions open on the SPE Board of Directors.
01 May 2018
GEOLOG’s BitLife bit-wear-monitoring service identifies the optimal time to pull a drilling bit on t ...
01 May 2018
Accurate and up-to-date information regarding oil storage levels can be very difficult to obtain for ...
The Dawn of MEMS Sensors for Directional Drilling
Sensor technology in the oil industry changes infrequently. Improvements in MEMS sensor technology are creating rapid momentum toward the use of tiny, rugged, and inexpensive sensors to replace larger, costlier, and more fragile legacy-technology sensors in directional drilling.
Janeen S. Judah
04 April 2018
Patterson-UTI Energy appointed Janeen S. Judah to its board of directors. Judah has more than 35 yea.......Read More
26 March 2018
Sophie Zurquiyah, SPE, was appointed CEO at CGG. The nomination will become effective after the comp.......Read More
Mike Utsler, Meg O'Neill
19 March 2018
Mike Utsler, SPE, COO at Woodside, will be leaving the company and handing over the position to Meg .......Read More
19 March 2018
Mark W. Albers, SPE, senior vice president of Exxon Mobil Corp. will retire from the company effecti.......Read More
Concho Deal Creates Permian Basin Giant
A pair of Permian pure-play operators are consolidating to form a regional drilling and production powerhouse.
Latest Gulf of Mexico Lease Sale Generates Moderate Bidding Interest
The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.
Exploration Must Meet Tough Value Criteria
The chief upstream strategist of IHS Markit said in a recent presentation that oil exploration must improve its ability to deliver value and better communicate that value to the financial community. New ways of thinking about exploration opportunities are needed.
‘Enormous’ Merge Play Resource Rivals Major World Gas Fields, Largest Discoveries
Producers in Oklahoma’s newly opened Merge play are sitting atop a resource that rivals some major world gas fields and discoveries, Citizen Energy’s Geology CEO Greg Augsburger told the SPE Gulf Coast Section Business Development Group recently.
Eni Enters Abu Dhabi Amid Another Zohr Farm Down off Egypt
Partnerships are proving key in developing and sustaining big offshore projects internationally, with Eni now teaming with ADNOC off Abu Dhabi and farming out another stake in the Zohr gas field off Egypt.
Well Integrity Section Head, Karachaganak Petroleum Operating
Americas Regional Support and Development Manager, Shell
Intelligent Fields Technology
What I find impressive is the number of people who were hiding in normal discipline jobs who are coming out of the closet with their Python scripts. And, it’s working. In many ways, order is coming to the mess, efficiency is coming to tiresome manual activities, and richness is coming to decisions.
Bernt S. Aadnøy
Professor of Petroleum Engineering, University of Stavanger
Principal Instructor, Schlumberger
As I read through the abstracts and papers that have been presented in the past year, I notice several key themes: verification of cement placement, development of new materials as a barrier, development of new additives to improve the cement barrier, and enhancement of existing techniques.
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ON THE COVER
2018 SPE President
01 May 2018
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