Built on Several New Tools, Marathon’s Digital Oilfield is Maturing
Marathon Oil says its shale fields are producing more oil and gas with less hands-on work from company personnel thanks to a growing arsenal of digital technologies and workflows.
19 June 2019
Global Oil Industry Turns its Attention to Volatile Strait of Hormuz
Reports 20 June that Iran shot down a US Navy drone over the Strait of Hormuz—the global oil market’s most critical transit point—exacerbated tensions in the region following a pair of attacks on oil tankers in the Gulf of Oman just a week earlier.
US Leads World in Oil Reserves
Ranking places US ahead of Saudi Arabia and Russia.
Hurricane Hits First Oil From Basement Reservoir in North Sea
This new development is the first to recover commercial quantities of oil in the UK from reservoirs that are generally considered non-productive.
IEA, OPEC Cut 2019 Oil Demand Growth Forecast
Trade tensions and economic sentiment take a toll.
New Merger to Create Third-Largest US Pressure Pumper
As the hydraulic fracturing market faces pressure to lower costs, Keane Group and C&J Energy Services announce they will combine their businesses.
North America E&P Capital Efficiency Likely to Stall in 2019-2020
Cost inflation and volatile commodity prices pose threats to sustained financial improvements.
ExxonMobil Proceeds with Long-Term Vaca Muerta Shale Oil Development
Up to 55,000 BOE/D of output is expected from the ExxonMobil-operated Bajo del Choique-La Invernada block in the Argentine shale play, with a possible second phase producing up to 75,000 BOE/D.
Global Energy Demand in 2018 Grew at the Fastest Pace This Decade
Natural gas accounted for almost 45% of global demand growth last year.
White Paper: Increasing Well Delivery Efficiency Through Enhanced Scheduling
Well delivery scheduling is a complex and critical process, with substantial economic impact. It is often done manually using unsophisticated software tools. Actenum Upstream software overcomes the limitations of manual scheduling and is designed for operators and complex operations.
White Paper: High Active Aqueous-Based Pour Point Depressants and Wax Inhibitors
Paraffins present in crude oil can gel or precipitate, which can cause pipeline and production system blockages. Dow’s ACCENT wax inhibitors are high-active, aqueous-based chemistry, that efficiently control paraffin deposition in pipelines.
Horizontal Well Frac-Driven Interactions: Types, Consequences, and Damage Mitigation
Detection and identification of the type and intensity of frac-driven interactions is the key to the next generation of fracturing operations.
Principal Engineer, Oceaneering International
Petroleum Engineering Consultant, Saudi Aramco
The fourth industrial revolution is taking the oil and gas business by storm. Many companies have increased resources for big-data analytics and machine learning. Though no one sees physical oilfield services as in decline, development in these areas may take a back seat to artificial intelligence.
Senior Petroleum Engineering Consultant, Saudi Aramco
Manager, Gas Flood, Shell
One of my best moments is to have made the technical case for polymer flooding and to see the fruits of this several decades later. As is so often the case in our industry, my contribution stands alongside those of many others in the intervening years who have all made the EOR journey possible.
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2019 SPE President
John M. Boquet
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