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.
Workforce Education Key To Understanding Drilling Data
An industry expert said that workforce education will be critical to helping companies adapt to a changing data landscape and optimize their operations.
With New Advance, Natural Gas Filtering Technology Moves Closer to Commercial Reality
A new material under development is highly effective at sieving carbon dioxide from natural gas streams and is also cheap and easy to make, according to researchers.
US Gulf of Mexico Hits Record Production
New figures show that the facilities working in the Gulf of Mexico achieved higher crude output in 2016 than at any other period.
University Consortium Prepares for Spike in Decommissioning
A new university-led consortium aims to bring together industry and academia to help operators efficiently orchestrate the final days of deepwater developments.
Foamer Developed To Help Corrosion, Scale Inhibition
A look at the challenges in creating a foamer with corrosion and scale inhibition properties for application in wet-gas production.
Nanotechnology Could See Big Future in Water Cleanup
Nanoparticle catalysts could play a major role in cleaning contaminated water for upstream oil and gas and other industries, says Michael Wong, chair of Rice University’s chemical and biomolecular engineering department.
Digital Image Correlation: A New Way To Look at Hydraulic Fracturing
Technology that allows researchers to see stress forming inside rock samples may help unravel some of the mysteries associated with fracture behavior.
Renewable Energy Tech Is Now Priced To Reduce Upstream Spending
Renewable energy is often framed as being at odds with the oil and gas industry, but new price developments in the wind and solar sectors may be changing this paradigm, according to one US energy expert.
Ignored Signal During Hydraulic Fracturing Offers Instant Feedback
Always recorded but almost never used, the water hammer signal could offer completions engineers another set of insightful data if petroleum engineers can crack its code.
Artificial Intelligence Holds Promise for Seismic and Drilling Data
As artificial intelligence makes a significant impact on various industries, an expert examines the roles it could play in streamlining oil and gas operations in the near future.
PDC Optimistic About Wattenberg, Delaware Assets
PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin.
Independent Shale Producer is Driving Permian Well Improvements with Clean Sweeps
Permian Basin producer Callon Petroleum is attributing its data-driven approach to a routine completions practice to improved proppant placement and higher oil production.
Halliburton’s Chief Data Scientist Speaks on Analytics Projects That Are Solving Big Problems
The oil and gas industry has a lot to gain from the adoption of big data analytics as recently highlighted examples from major service company Halliburton demonstrate.
Commercial GTL Project Opens in Southeast Texas
Infra Technology, a company specializing in the development of synthetic fuels from natural gas, coal, and biomass, opened the first completed small-scale commercial gas-to-liquids (GTL) project in the state of Texas.
Energy Policy Uncertain in the Wake of Brexit Referendum
With an uncertain future spawning from the Brexit referendum, the British government is seeking to maintain as much consistency in its energy policy as possible.
Fossil Fuels’ Importance To Rise Under New US Administration
Fossil fuels will probably be at the forefront of energy and environmental policy under the new Trump Administration, says Charles D. McConnell, executive director of Rice University’s Energy and Environment Initiative, at a talk hosted by the Norwegian Consulate General in Houston.
Four Misconceptions That Lead To Drilling Automation Failure
Drilling automation is one of the most promising emerging technologies that the oil and gas industry has to look forward to. The potential benefits span the spectrum from health and safety to lower costs and repeatable well results.
Petroleum Engineering Schools Begin To See Enrollment Declines
Enrollment in US petroleum engineering programs have peaked and are on the downslide, matching the short-lived surge in the 1980s, when a generation of engineers were graduated.
Hot Permian Play Gets Panel Focus
The successes and challenges of producers in the United States’ most active oil play received a wide-ranging discussion by three panelists recently at an SPE Gulf Coast Section meeting in Houston on the state of the Permian Basin.
Oklahoma Official: Progress Being Made, but Induced Seismicity Will Not Stop Anytime Soon
One of Oklahoma’s top government officials announced recently that it could be many more months before the full scope of the state’s regulatory response plan for induced seismicity is proven effective.
Beware of Bottlenecks
Oil companies that have slashed the break-even cost of producing oil from shale plays now must figure out how to hold on to those hard-won gains.
UK Geomechanical Firm Targeting US Shale; Addressing Frac Hits
One of the oldest names in geomechanical modeling has learned some new tricks, and like so many recent advances in the oil and gas industry, it has everything to do with the North American shale revolution.
Prescriptive-Analytics Modeling Technology Captures Reservoir Physics
Producers face a number of decision-making challenges. Specifically, they must optimize field development and operational decisions in light of the complex interplay of fiscal, market, and reservoir variables.
Total Wins Award for Project Integration
Total’s Laggan Tormore project claimed the International Petroleum Technology Conference (IPTC) Excellence in Project Integration Award at the 10th IPTC in Bangkok, Thailand.
Developing Countries Will Lead Energy Demand Growth
The world’s developing countries will lead economic growth and consume an increasing share of energy production globally over the next quarter-century.
Oil Market Surplus Could Grow in 2017
Surplus production in the oil markets is likely to grow in 2017, and long-term oil prices will track with costs and not revert to the margin-inflated patterns of the shale boom.
Iran Opens Field Investment to Global Bidders
Iran’s national oil company is offering investment opportunities in 50 fields to global bidders, its first effort to do so since the 2015 pact with world powers that lifted nuclear-related sanctions against the country.
Extending the Life and Performance of Drillpipe With Wear Band Technology
Drillpipe doesn’t last forever, but a Houston-area startup company says it has developed a way to make it last significantly longer.
After Years of Development, Nanoparticle Drilling Fluid Ready
For nanotechnology-based drilling fluids, acceptance means proving they can outperform other drilling fluids. Initial results have been encouraging enough to move toward commercialization.
Calculating Reserve Estimates Even for Solar Power Projects
Compared to oil in the ground, the sun looks like a limitless energy source. Making comparisons of the two by calculating the equivalent of barrels of reserves for a solar project seems like an odd notion, but experts say it can and should be done.
Moving Closer to True Picture of the Fugitive Methane Problem
The US shale sector has proudly touted the fact that it has helped reduce the nation’s carbon dioxide output to an 18-year low by producing the natural gas that is displacing coal use in power generation. But government regulators appear to want even more.
Anticipation, Uncertainty High for Upcoming Mexico Auctions
The opening of Mexico’s oil and gas sector was a landmark moment in the industry, but despite the potential upside, the uncertainty and risk surrounding unfamiliar offshore territory in a volatile price market kept many potential investors at bay.
Energy Research Funding: The Next Generation
New leadership aims to make positive, lasting changes at RPSEA.
Twenty-Year Effort Brings Only Two FPSO Vessels to US GOM
Despite major advancements in deepwater projects in the Gulf of Mexico, FPSO usage has yet to increase.
3D Printing Reservoir Rocks May Drive New Insights
Researchers at Heriot-Watt University in Edinburgh, Scotland, are building replica core samples using 3D printers and installing sensors inside them as they go. Their goal is to directly monitor pore-scale flow behavior from the inside of these so-called “smart rocks.”
Better, Less Tedious, Fault Interpretation
The tedium of identifying small faults in often murky seismic images pushed Dustin Dewett, an associate geophysicist for BHP Billiton, to develop a better way to use the tools at hand.
Saudi Aramco Initiative Simplifies Real-Time Data Processing
As the drilling industry improves its efforts to capture drilling operation activities in real time, it has generated a significant amount of data that drilling engineers cannot process on their own.
Boosting Shale Fracability With Positive Ions
A long-time energy industry executive and chemical engineer has built a new water treatment system that he says can increase recovery rates from shale wells without using chemicals and will recycle all the water used in the process.
A New Reality for Training and Safety Technology
At OTC in Houston this year many exhibitors used virtual reality (VR) headsets to engage with attendees. The unique visual and immersive qualities that make these devices great marketing tools are also what some in the oil and gas industry say make them powerful training tools.
Ohio Study Tries To Pin a Number to Earthquake Risk
Research and development firm Battelle is working on a new induced-seismicity study that aims to help wastewater disposal well operators in Ohio stay on the good side of state regulators.
Shell Stays Committed to Shale Opportunities
Shell has reaffirmed its commitment to the shale business and views it as a growth opportunity moving into the 2020s
A New EOR Concept From Shell To Enhance Waterflooding
Part of what makes DME an intriguing EOR technology is that it is soluble in both water and oil—with a preference for the latter. Shell’s plan is to add DME to the waterflooding stream to reach a concentration of about 16%, the upper limit of its dissolvability.
New Nanodevice Designed To Simplify Produced Water Treatment
A new techhnology aimed at treating produced water at the wellsite to near-drinking-water quality.
Small Bubbles, Big Rewards for Separation Technology
Tiny bubbles, called nanobubbles, are the focal point of a new innovation aimed at transforming produced water from a costly byproduct into a valuable asset.
Search for Flight MH 370 Shows Durability of AUVs
Autonomous underwater vehicles (AUVs) have demonstrated their capabilities during the search for Malaysian Airlines flight 370 in the Indian Ocean.
Wireline Method Offers Faster, Cheaper Plugging for Deepwater Wells
A new method for accessing and cementing hard-to-reach spaces around complex offshore wells.
Self-Adjusting PDC Bit Under Development
Baker Hughes is developing a drill bit capable of auto-adjusting its depth-of-cut feature to handle dynamic drilling conditions.
Online Digital Rock Portal Launches
In an effort to foster collaboration in an area where there is currently very little, researchers at the University of Texas at Austin (UT) created a new web-based application for storing and sharing CT images of rocks.
Simplification Key To Delivering Efficient Projects in Low-Oil-Price Climate
To survive in the current low-price environment, exploration and production (E&P) companies must better handle the complexities inherent in their projects through practices that promote capital effectiveness and collaboration.
Drilling Down On Particle Size Analyzers
Automated particle-size analyzers are something you will not see on most drilling rigs, but some think this outside-the-oil-field technology will play a big role in the future of the drilling sector.
Statoil Gets a Jump on Offshore Costs
One of the latest offshore innovations from Statoil is nothing flashy, which is the point. A drawing shows a plain, steel jacket, standing in water 110 m deep, topped with a flat metal deck.
New Technology To Cut Electric Costs, Not Production
Everhart Energy Technology, a startup company based in Beverly Hills, California, has developed a system it believes will help small to medium-sized operators cope with the reality that, while oil prices have fallen, their electric bills have not.
Onshore Support for Mexico’s Deepwater Blocks Lacking
The deepwater blocks Mexico plans to lease to international operators in December are among the deepest, most remote, and geologically challenging in the world. But the difficulties of developing these areas will start onshore, where adequate and secure port facilities are few and far between.
DNV GL Launches Initiatives To Reduce Cost of Qualifying Composite Materials
To help lower costs of offshore projects, DNV GL has launched initiatives focused on the use of composite components.
Drawdown Management Critical To Mitigating EUR Losses in Shale Wells
In drawdown management, operators can exert control over the downhole flow pressure, reservoir pressure, and choke size to avoid estimated ultimate recovery (EUR) losses.
Payoff Still Possible in Refracturing Conventional Wells
A refracturing campaign in the Permian yielded a production gain that allowed payback on the investment within 6–12 months.
Hess Pilots Automated Drilling Rig in the Bakken
A pilot project carried out by Hess demonstrates how quickly automated drilling technology is able to take a rig from the bottom of the pack in terms of performance and push it to the top.
Drilling Fluid Uses Acid and Salt To Improve Well Performance
The inventor of a new water-based drilling fluid believes the chemical process involved with his technology opens up natural fractures as drilling takes place to increase production in shale formations.
US, Alaska Governments End Legal Claims for Exxon Valdez Incident
The US Department of Justice and the Alaska Department of Law recently closed federal and legal actions against ExxonMobil Corp. and its corporate predecessors involving the 1989 crude oil spill from the Exxon Valdez oil tanker.
Mexico’s Onshore Auction Considered a Success, Deepwater Up Next
Each of the 25 onshore blocks offered to private companies in Mexico’s December auction were awarded, almost all of which went to Mexican companies.
Saudi Aramco Moving Forward on Unconventionals
With the world’s fifth-largest estimated shale gas reserves, there is great potential for Saudi Arabia to replicate North America’s unconventional growth.
Competing Companies Building Robots to Place Receivers
Autonomous Robotics’ first offering is built around a rounded yellow device that looks like a little flying saucer.
Enhancing Sand Strength for Fracturing Applications
A strategic objective of Saudi Aramco is exploring and developing deep and unconventional gas reservoirs, many of which are considered extremely tight.
Flow Sensor Technology Seeks to Replace the Coriolis Meter
Australian technology developer MezurX is touting its newly introduced flow, density, and mud monitoring system as a significantly better alternative to the widely used Coriolis meter.
Air Gun Inventor Creates A Lower Pressure Option
More than 50 years after inventing the air gun, Stephen Chelminski is working on a new version of the industry standard designed to be more in tune with the current needs of the industry and its regulators.
Drilling Competition Offers Real-World Skills Challenge
Vimlesh Bavadiya is leading a team of engineering students at the University of Oklahoma (OU) to repeat its victory in SPE’s Drillbotics competition next year.
Statistics Point to Water Injection as Cause of Earthquakes, But Understanding Why Remains a Geological Puzzle
A surge in earthquakes tightly clustered in southern Kansas that followed the large increase in produced water injections prompted the state to cut the daily limits on disposal wells in that area to see if that will help solve the problem.
Study Finds Surface Spills a Higher Risk to Groundwater Than Fracturing
Researchers at Yale University who analyzed groundwater wells in the Marcellus Shale area have determined that hydraulic fracturing is highly unlikely to be a direct source of contamination.
From Air to Sea: Introducing Crew Resource Management to the Offshore Industry
Despite a number of recent and high-profile jetliner crashes, commercial aviation has entered into a new era of safety. There is a lot the oil and gas industry can learn from their success.
Middle East NOCs To Boost Collaboration in Joint Projects
National oil companies (NOCs) in the Middle East plan to boost their collaboration efforts in technology applications through a global industry trade organization’s initiative.
Digitizing Core Scans Brings Old Methods into 21st Century
Pulled directly from the reservoir rock, core samples provide critical data used to determine how exploration should proceed. Until recently, core analysis remained old school, however, there is an ongoing transition to bring the process of core description into the digital age.
Treating Damaged Subsea Lines With a Light Electrical Touch
As subsea electric lines age, they are prone to cracks that allow seawater in, reducing their effectiveness, and if the leaks are bad enough, they can shut down operations.
Three Offshore Blocks Awarded in Mexico’s Second Auction
Mexico’s second oil and gas lease auction has been deemed a success after three out of five shallow-water blocks were awarded in September. The awarded areas contain an estimated 236 million bbl of oil and 190 Bcf of gas.
Halliburton Reveals Refracturing Strategy
Although refracturing is a topic that has gained a lot of interest, many shale producers have been sitting on the sidelines because early results did not justify the spending
Argentina Remains Out of Reach for Smaller Players
After offering incentives to international operators last year to drill in Argentina, the country still has more work to do in attracting foreign investment.
Unconventional Technology Gains Exceed Expectations, but Low Prices Offer a Stern Test
Oil markets displayed their manic-depressive side in August, dropping to around USD 40/bbl early and jumping back to near USD 50/bbl at month’s end.
A Biotech Answer to a Driller’s Problem
A biotechnology company from the San Francisco Bay Area is selling a futuristic solution to an old problem: lubricating drill bits grinding though rock.
India to Auction 69 Fields on Revenue-Sharing Model
India has unveiled a plan to auction 69 small and marginal oil and gas fields with estimated proved reserves of 89 million tons of oil equivalent to local and foreign investors.
Testing Heavy Oil Production Without Steam Heating
This is the teaser
Inaugural Challenge Generates New Proppant Ideas
GE Staoil Open Innovation Challenge results in new proppant ideas.