October 2018 | Volume 70, Number 10
AI Firm Ambyint’s New Bakken Deal with Equinor Moves the Industry Another Step Closer to the Edge
Hundreds of rod-lift wells in North Dakota are about to get a big upgrade.
BP and Startup Beyond Limits Try To Prove That Cognitive AI Is Ready for Oil and Gas
BP has invested more than $100 million into nine different startup companies in the past 2 years—but only one of them wants to turn your brain into a piece of its software.
It May Be Boom Time for the Oil-Rich Powder River Basin
The Powder River Basin has emerged over the past year as the latest source of oil production growth for the Lower 48. Companies ranging from a reborn Samson Resources to US onshore mainstays Devon, Chesapeake, and EOG are now betting on the basin to become a long-term core asset.
Shell, Bluware Team up on Seismic With Video Game Tech
Video games have been seen as a big waste of time for years by parents around the globe. But now, the oil and gas industry sees the underlying technology as a big time saver.
Now There’s Enough Pressure Pumping and Sand to Go Around
Hydraulic fracturing is now a little bit easier for US shale operators thanks to readily available horsepower and in-basin sand.
An Artificial Intelligence Belief System Reduces Nonproductive Time
A new detection and alerting methodology, validated on more than 100 North America onshore wells, blends well information and real-time data to determine a probabilistic belief system. An operator used the system to detect, predict, and alert rig crews to washouts and pump failures.
Equinor To Employ Permanent Reservoir Monitoring at Arctic, North Sea Fields
The technology will provide Equinor a continual feed of updated reservoir information from its Johan Castberg and Johan Sverdrup fields with the aim of improving well placement, production, injection, and—ultimately—recovery.
Directional Drilling Services Market Grows in 2017, Near-Term Upward Trend Expected
A new report shows a 16% increase fueled by longer lateral lengths and horizontal drilling activity out of the Permian Basin. Continued gains in these areas should bode well for the future, but other factors may play into the market’s performance.
Diamondback Energy Spending $10.5 Billion in Permian Acreage Expansion
Diamondback is slated to become the Permian’s latest pure-play giant with its pending purchases of Energen and Ajax Resources.
Bids, Dollars Rise in Third Regionwide US Gulf of Mexico Lease Sale
ExxonMobil and Hess led the way in the most active regionwide US gulf lease sale thus far.
Adeyemi (Yemi) Akinlawon - In Memoriam
14 August 2018
SPE Africa Regional Director and a member of the SPE Board of Directors Adeyemi (Yemi) Akinlawon die.......Read More
Maria A. Capello
Executive Adviser, Kuwait Oil Company
Global Production Engineering Adviser, Hess Corporation
New-Frontier Reservoirs II
With low primary-recovery rates in unconventional reservoirs and the longer-term development prospects for EOR applications on a fieldwide scale, the potential for accelerated completion optimization in new wells and production-enhancement treatments in existing wells is substantial.
Senior Reservoir Engineering Adviser, ADNOC, and Managing Partner, Frontender Corporation
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ON THE COVER
2019 SPE President
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