Optimization Work Flow Converts Power to Performance for GOM Drilling
Time spent on bottom drilling is only approximately 10% of the time consumed by drilling operations, but this still provides a significant opportunity for savings if it can be reduced.
Drilling: What Can We Do To Thrive?
Falling oil prices are the acid test of drilling efficiency. SPE Technical Director Jeff Moss of ExxonMobil talks about ways to build in lasting savings as part of this special report.
Digitalization of Oil and Gas Facilities Reduces Cost and Improves Maintenance Operations
The digitalization of oil and gas facilities is becoming a new technical arena. Effective solutions can be used to convert data into information and knowledge, which can then be used to improve maintenance operations.
Systematic Coiled-Tubing-Efficiency Improvement Reduces Operational Time
Deepwater coiled-tubing (CT) well interventions can benefit from significant rig-time reduction and cost savings associated with improved efficiencies of surface processes.
Needed: Radical Efficiencies
During my 35 years in the upstream oil and gas business, I have seen firsthand the tremendous gains in efficiency, productivity, and cost reduction that the industry has achieved through innovation and technology.
Service Focus Changes the Cost per Barrel
During a protracted period of depressed prices in E&P, the customer focus for service companies and suppliers shifts to finding ways to reduce the cost of producing a barrel of oil.
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13 May 2019
13 May 2019