OTC Holds Timely Opportunity To Chart E&P Industry Future
The Offshore Technology Conference to be held from 1–4 May at NRG Park in Houston will present an especially timely occasion for worldwide energy professionals to chart the way ahead.
OTC Names Winners of Spotlight on New Technology Awards
The Offshore Technology Conference selected 15 new technologies for its 2017 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and allows companies to showcase the latest advances in offshore exploration and production.
New Oil and Gas Institute Seeks To Boost Knowledge and Production in the Permian Basin
Through data gathering, machine learning, and the use of a supercomputer, a non-profit organization in Texas is seeking to boost oil and gas production on land owned by the states’ two largest university systems.
Getting a Better Look at Propped Fractures
Carbo Ceramics is making big strides in the use of ceramic proppant.
Initial Impressions of Wells May Be Misleading
A new study questions whether the most widely reported production data is the best indicator of future output.
Saudis Find Proppant Source in Their Own Back Yard
Although Saudi Arabia has plenty of sand, it took some ingenuity by Saudi Aramco and Schlumberger to figure out how to use it effectively as proppant.
Think-Tank Founder and Author Gives Morale Booster to Fracturing Conference Attendees
In the keynote speech at the SPE Hydraulic Fracturing Technology Conference, author and founder of the Center for Industrial Progress Alex Epstein explained the moral case for fossil fuels.
SPE Annual Conference Confronts the Future
SPE held its first Annual Technical Conference and Exhibition in the Middle East in September, as 7,500 industry professionals from 94 countries met to discuss topics under the theme of “E&P 2.0: Transforming and Shaping the Future.”
ATCE: Dubai Petroleum Completes Multistage, Offshore Tight Oil Well
Dubai Petroleum embarked on a new mission last year to drill and complete its first multistage, hydraulically fractured, and propped horizontal well from an offshore platform.
Saudi Aramco Gearing Up Unconventional Drilling
Saudi Aramco has begun moving toward the production phase of its ambitious plan to develop its enormous hoard of unconventional gas resources.
ATCE: Fast Start for First Saudi CO2 EOR Project
Saudi Aramco saw a jump in production for a type of EOR that often takes years to see full benefits.
ATCE: 2017 SPE President Promises To Lead and Engage Members
A 40-year member, Janeen Judah assumed the organization’s top position on the final day of the conference in Dubai.
ATCE: Future Roles of Humans and Machines
Big ideas for digital intelligence in Oil and Gas are being discussed at ATCE.
ATCE: The Demand for Greater Efficiency Across Operations
Service providers and national oil companies debate what increasing efficiency in E&P operations requires at ATCE.
ATCE: Keeping it Simple, Smart
With limited resources and lots of dedication, West Virginia University students wowed judges of the ATCE Drillbotics drilling automation challenge with the automated drilling device they built.
ATCE: Aramco, ADNOC Executives Call for Visionary Change
Strategy changes are needed to overcome the oil and gas sector’s current economic challenges.
ATCE: Service Company Execs Call on Industry To Spend More
Schlumberger and Baker Hughes leaders said increased investments are critical to ensuring technological advancements for the industry.
Improving Completions Efficiency with Standardization, Integration
Disruptive technological advances may produce significant improvements in completion techniques.
Toe-Up or Toe-Down: Does It Really Matter?
An analysis studied whether a well's toe could be affecting the production performance.
Is the Struggle Really Worth It?
One study is showing that when pumping a proppant into a fracture, a little bit of extra effort might increase performance.
Abundant Supplies A Lingering Problem
Mass layoffs and rising bankruptcies haven't put an end to abundant supplies.
Innovation, Efficiency Among Key Themes at IPTC
A closer look at some of the speakers, panel discussions, and technical sessions slate for the 2016 International Petroleum Technology Conference, to be held 14-16 November in Bangkok, Thailand.
Deepwater Future Tied to Technology Innovation
For deepwater development, panelists at OTC emphasized the need for scalable technology, the standardization and simplification of projects, patient capital investment in innovation, greater collaboration, and new perspectives coming from outside the industry.
Increasing Efficiency, Safer Operations Key Themes at OTC
As it has since 1969, the world came to OTC to make critical decisions, share ideas, and develop business partnerships to meet global energy demands.
Disruption on the Horizon: OTC d5 Presents Thought-Provoking Visions of the Future
Presentations at OTC's d5 event included discussion about the impact of industry disruption, the need for innovation, learning from technology failures, and how diversity contributes to success.
IHS: Markets Will Begin to Balance Next Year
The next couple of years for the oil and gas industry are likely to be defined by mediocre prices. “It is going to take a long time to get back to the good old days," said Atul Arya, senior vice president of IHS Energy, during OTC.
Wind Could Be Pushing Offshore Oil Production
Wind power via floating turbines could be used to pump oil from remote offshore fields in the way windmills were once used to pump water from wells in arid West Texas.
How Mexican Energy Reforms Have Affected the Service Sector
Of all the attention generated over the opening of the Mexican oil and gas sector to the outside world, one consideration has been largely left out of the discussion: What does it all mean for service companies?
SPE ATCE To Focus on Industry Transformation
Transforming and shaping the future of the exploration and production (E&P) industry will be the theme of SPE's first Annual Technical Conference and Exhibition to be held in the Middle East, running September 26-28 at the Dubai World Trade Center.
OTC Asia Sessions Discuss Region’s Role in Price Downturn, Recovery
Representatives from various national oil companies, multinational operators, service companies, and fabricators discuss the roles individual countries in the Asia Pacific region will play in the global oil market and the overall development of the region.
OTC Asia Highlights Industry Achievements
More than 15,000 energy professionals representing 2,500 organizations and 60 countries gathered from 21 to 25 March in Kuala Lumpur for the Offshore Technology Conference (OTC) Asia.
OTC Offers Top Forum for Ideas To Help Industry Move Forward
With the outlook for the oil and gas industry very much unsettled, the Offshore Technology Conference (OTC) will offer global energy professionals a world-leading forum for obtaining the in-depth knowledge of scientific and technological advances and innovations to meet today's challenges.
OTC Names Winners of Spotlight on New Technology Awards
The OTC 2016 Spotlight on New Technology awards recognize innovative technologies and allows for companies to show the latest advances in offshore exploration and production.
Upstream Opportunities in North Africa Depend on Advanced Technical Knowledge
The SPE North Africa Technical Conference and Exhibition held in Cairo in September highlighted the upstream sector with a focus on Egypt and the opportunities offered in the region, despite its economic hardships and geopolitical risks.
ATCE Review: Conference Looks to Brighter Future Amid Challenging Market
More than 13,500 oil and gas professionals gathered at SPE’s Annual Technical Conference and Exhibition (ATCE) on 28–30 September in Houston, making it the second highest-attended ATCE.
ATCE Review: Future of Automated Rigs Requires Better-Trained Drillers
While there is talk about automation killing jobs, the reverse appears more likely as rigs have evolved to drill more difficult wells. Drilling automation will require more and better training programs to take full advantage of the technology.
ATCE Review: Outside Technologies Bring Risks, Rewards to Oil and Gas
One of the hottest topics in the oil and gas industry is how to take advantage of new and exciting technologies developed for other business sectors.
Offshore Europe Review: North Sea’s Problems Driving Push For Change
The global industry is feeling the pain of the oil price plunge, but the UK feels it more acutely. Exploration drilling is at rock bottom levels, the offshore UK Continental Shelf is one of the world’s most expensive from which to produce a barrel of oil, and investment spending is expected to fall.
Offshore Europe: Statoil North Sea Discovery Moves Toward Production
Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.
Offshore Europe: Thinking Differently is Easier Than Doing Differently
There is no shortage of ideas for reducing the cost and risk of offshore oil and gas developments. The hard part is implementing them in an industry where they require changes in long-standing habits, corporate cultures, and some new technology.
Offshore Europe: Endgame in the North Sea Inspires Creative Thinking
In a down market, plugging and abandoning North Sea wells looks like an opportunity. The cost for operators is reduced because the government is paying more than half of the cost of the work, and many service companies hungry for work are offering discounts.
Shale Industry Needs to Look Within for Solutions That Save
At the recent 2015 Unconventional Resources Technology Conference, a major theme was how companies can improve performance without increasing the size of their budget.
New Approaches to Challenges Win USD 60,000 in R&D Contest
Winners of the first SPE Research and Development Competition were chosen after six finalists pitched their ideas of how to disrupt the industry’s status quo with new ways of attacking exploration and production’s grand challenges, often with methods from outside the industry.