TOPICS OF INTEREST
Innovative Pressure Map Offers Insights on Frac Hits
Well-interference issues can be hard to diagnose, but this startup may be figuring that out. The data-driven process it developed can also help operators come up with more effective ways to use diverters.
Dog Food, Subs Feed Technology Development at Halliburton
Seeking out, experimenting with, and ultimately embracing technologies from other industries have proven crucial to innovating at oilfield service firms such as Halliburton, which has tried everything from dog food to submarine tech to improve its work downhole.
Marriage of Ideas Could Allow More Deepwater Gas to Shore
When two engineers lost their jobs during the industry downturn, they used the misfortune as an opportunity to develop an innovative concept that aims to make it a lot easier to move subsea gas long distances.
University Group Lists “Most Promising” Oil & Gas Startups of the Year
Being a startup in oil and gas isn’t always easy, and so it is nice when you get noticed at the industry’s largest gathering, the Offshore Technology Conference. Learn about 10 new companies that industry insiders say are the ones to watch in 2018.
How is Industry Finding the Next Generation of New Technologies?
The process of finding, developing, and testing new technology can be as complicated as the technology itself—especially at a time when operators have little tolerance for risk.
R&D Remains Critical Despite a Down Market
R&D is essential for the industry, regardless of the current oil price, and past down markets have spawned some key technology advances, ExxonMobil researcher Erika Biediger told the SPE Gulf Coast Section R&D study group recently.
Startups Critical to Developing Culture of Innovation
The president of Chevron Technology Ventures discussed how startup companies can fill the gaps in a rapidly changing technological ecosystem, and Chevron's mechanisms to understand the role startups can play in its operations.
Energy Startup Competition Aims To Connect New Companies With Investors
SPE and the Rice Alliance for Technology and Entrepreneurship have partnered to host a competition at ATCE in which emerging technology companies in the energy sector vie for partnerships and prize money.
Artificial Intelligence and Human Expertise Form Powerful Combination for Performance Improvement
Anadarko’s CEO and a company board member who heads a venture-backed software developer for artificial intelligence (AI) discuss the key role that AI will play in the oil and gas industry’s future.
Halliburton-Microsoft Strategic Alliance Hopes To Speed Industry Transformation
Halliburton and Microsoft believe that by working together they can step up the pace of digital transformation across the E&P industry.
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.
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.
How To Plan For Meaningful New Technology Pilot Tests
When technology startups and oil and gas companies finally agree to run a pilot test, there are a few things both sides of the table should know before they move forward.
OTC 2017: Where to Find the Best Networking Opportunities and Emerging Technologies
Before you head to OTC 2017, make plans for the event’s best opportunities for professional networking and to learn about the array of new technologies pushing their way into the business.
Times are so Tough in the Oil Sands, Companies May Have To Collaborate
Things are so tough in the Canadian oil sands that competitors are considering whether to start sharing some of what they know about producing more and doing it for less. Collaboration should speed progress for everyone, but companies with something to give are looking for something in return.
The Future of the Oil Sands Depends on One Thing: Totally Rethinking Everything
Oil production from the Canadian oil sands is big, growing, and its future is in doubt. The problem is the cost and time required to develop new production is not competitive now. While some big international oil companies are selling out, others are focused on changing the economics of growth.
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.
New Ways to Boost Heavy Oil Flow
Getting a good well for a field test can make or break a new idea. A government backed research group in Saskatchewan is offering up to CAD 100,000 break on royalty payments to test ways to extend the life of conventional, heavy-oil fields.
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.
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.
Industry and Academia Continue Working on Big Ideas for Nanotechnology
A number of ongoing industry research projects are developing nanoparticles that work at the reservoir level and for fluid treatment. Though they may be a few years away from finalization, these efforts highlight nanotechnology’s increasingly sophisticated and growing application scope.
The Grand Challenge of Carbon Capture and Sequestration
This article is a summary of the 2016 follow-up paper on carbon capture and sequestration, one of the five grand challenges to the industry identified by the SPE R&D Committee in 2011.
Energy Research Funding: The Next Generation
New leadership aims to make positive, lasting changes at RPSEA.
Partnership Key to ADNOC’s Technology Qualification Initiatives
ADNOC and BP will collaborate to form an earth surface technology center in Abu Dhabi. ADNOC has also reformed its stage gate process for advancement of new technologies.
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.”
3D Printing in the Oil Field Kicks Into Production Mode
Service companies are using the latest generation of additive manufacturing technology to print out steel components for big ticket downhole tools. There is great potential for the technology to drive down equipment costs and improve performance.
Lessons for a Downturn
Downturns offer you a choice: Panic and shut down all but breathing or make use of the opportunities that desperation has handed you. A mountain of mistakes is a gold mine to those willing to spend the time in assessment mode.
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.
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.
Isn’t It Time for Our Own Spielbergian “Idea Summit”?
Industry's finest minds are expected to come together for an idea summit during the upcoming SPE Intelligent Energy International Conference and Exhibition in Aberdeen.
Pressure Test for E&P Innovation
Low prices require doing things differently. It is a hopeful sign for the future for innovators who have been struggling to keep going and have potential customers with little to spend and a lot to worry about.
Transforming the Upstream Service Industry To Increase Operator Margins
The upstream industry is undergoing a transformation. Operators and service providers alike are not just tweaking or fine-tuning, they are completely rethinking the way they work.
Pressure Changes While Fracturing Add To Marcellus Well Production
When it comes to hydraulic fracturing, steadiness may not be a virtue. That was the conclusion of a test to see if rapid pump rate variations would lead to greater production than conventionally fractured stages when the pressure was held steady.
Electromagnetic Imaging Offers First Look at the Propped Rock
Understanding how much rock is being stimulated and propped is critical for unconventional producers. New imaging methods using electromagnetic energy or acoustic microemitters could represent a milestone in understanding what is left behind after fracturing.
The Grand Challenges for Engineering
The first brief flight at Kitty Hawk in 1903 did not immediately make the Wright brothers famous; however, within 5 years, enthusiasm for the new technology began to spread around the world.
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.
University Research and Development Steady in Industry Downturn
Sustained low oil prices have not yet had a significant effect on many universities’ research and development programs. For now, money allocated by the oil and gas industry in previous years is still available for many institutions.
Q&A: Mario Ruscev, CTO, Baker Hughes
The chief technology officer tells why he is optimistic about the current oil price situation, how the market downturn could be an ideal opportunity for innovation and slashing costs, and what major technology trends will be expected in the near future.
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.
Unconventional Rock Defies Old Rules, but New Rules are Far From Being Ready
The label unconventional oil and gas stubbornly hangs on because these formations cannot be understood using the rules of conventional petroleum engineering.
Universities Partner To Create Science Wells
This is the teaser.
A Day’s Worth of Ideas on Change and Changing
Imagine a machine that could make an automaker competitive by speeding product development, help a jet engine maker create unique parts for more efficient turbines, and allow a baker to quickly create a picture-perfect 3D replica of a flower made of sugar.
Software That Learns To Predict Trouble in Machines
Veros Systems is selling simplicity. The electric machine monitoring company promises accurate warnings of problems long before they occur, with a minimum of monitoring equipment to install.
Inventor Seeking Oil Industry Customers in Search of New Frontiers of Stickiness
Bitumen is so viscous that the ultraheavy crude oil is often compared to peanut butter.
A New Map for Composite Design and Testing
Researchers at Rice University in Houston are hoping their new theory on composite properties may help the oil and gas industry reduce the time it takes to develop and test new materials.
Lessons From the Aviation Industry on Automation
One of the defining features of the 21st century will undoubtedly be the changing relationship between humans and automated machines.
Rethinking Proppant: From Liquid to Solid
At the SPE Hydraulic Fracturing Technology Conference, one of the most innovative ideas discussed was a liquid proppant designed to turn into strong spherical balls to keep a fracture open.
Pressure to Reduce Methane Emissions Highlights the Need for Better Monitoring
The US government is working on regulations to reduce oil industry methane emissions by more than 40% over the next 10 years.
Steel Pipe May Offer A Window Into Reservoirs
Add a new possible use for downhole casing: It can serve as broadcast antennae.
Saudi Aramco Displays Reservoir Research Priorities
Saudi Aramco’s plan to create a global network of research centers is becoming a reality. It recently celebrated the opening of its Houston center that the company’s President and Chief Executive Officer Khalid Al-Falih described as “an upstream research center like no other.”
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07 August 2018
07 August 2018