Industry trends in production monitoring and surveillance continue to demonstrate significant input from the academic and research fields, practical applications, and new-technology introduction. Market conditions similar to those of the previous year are driving some of the same discussions again this year. With the decline in new drilling, our peers are focusing on optimization of existing fields and examining past performance in preparation for new future developments. In many cases, these efforts are being performed with fewer personnel and limited capital resources.
Optimization of existing fields is inspiring new concepts for statistical and predictive production modeling, along with new views on decline analysis. Virtual flow-measuring systems, while not new technology, are experiencing a broadened application as a more-cost-effective alternative. The focus on existing assets also has increased discussion on well integrity and how this should be monitored and maintained.
As we look toward future improvements, we are also taking advantage of the decline in new drilling activity to review performance from the past several years. Specifically in regard to fracturing, we are investigating the relationships between methods for drilling, fracturing, and completion design, along with their effect on production performance.
The industry is becoming more efficient and knowledgeable in its data gathering, evaluation methods, and operations. We will be better equipped as industry activity begins to increase, because of our ability to operate more efficiently at current market conditions or because of market improvements or both meeting on middle ground, in the near future. The articles selected for review demonstrate some of the achievements of our peers from the last year.
This Month's Technical Papers
Recommended additional reading
SPE 183463 Well-Productivity Analysis Integrating Ultrahigh-Resolution LWD Images and PLT: A Data-Integration Case Study by H.M. Al Shehhi, ADCO, et al.
SPE 179058 Well-Surveillance Operations and Data Analysis in Thermal Viscous-Crude Project in Kuwait—A Case Study by Shaikha Al-Ballam, Kuwait Oil Company, et al.
SPE 183535 Implementing Fiber-Optics Distributed Sensing as a Key Surveillance Tool by S. Al Shoaibi, Petroleum Development, et al.
Marc Kuck, SPE, Drilling and Completions Engineering Manager, Eni
01 March 2017
Venezuela Oil Output Sinks to Lowest Level Since Early 2003
The recent production freefall could accelerate even further as US sanctions-related deadlines pass, the US Energy Information Administration said.
Digital Transformation at BP is Starting to Add Up to Billions
Analytics, sensors, and robots are changing the way one of the world’s largest oil and gas companies does business. Underpinning all the new technology though is a shift in how BP thinks, and what it means to be a supermajor in the 21st century.
ExxonMobil Moves Forward With Second Guyana Development
Expected to start up in mid-2022, Liza Phase 2 will produce up to 220,000 B/D of oil.
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13 May 2019
13 May 2019