December 2017 ///

Special Focus

Making hole in a digital world

Mike Slaton, Contributing Editor

Rig fundamentals have not changed: rotate, hoist and circulate. But every year, we look at impressive new interpretations of how that is done. The vitality of these rig innovations is remarkable, as all strive to improve performance and costs.

Features

Permian producers push the envelope for output growth in 2018

Alex Endress, World Oil

Operators are still testing the limits of unconventional technology in the Permian basin, but increased drilling activity likely means steady production gains for next year and beyond.

Newfoundland and Labrador ranks among top regions globally for upstream potential

Kurt Abraham, World Oil

Current dynamics should portend prosperity, but over-regulation could alter the picture.

NL official says province has much to offer oil and gas investors

Kurt Abraham, World Oil

An interview with Newfoundland and Labrador Minister of Natural Resources Siobhan Coady

Data-driven remote condition monitoring optimizes offshore maintenance, reduces costs

Morten Ileby, Aker BP; Edmund Henry Knutsen, Siemens

A case study shows how advanced condition-monitoring technologies—plus analytical expertise—can optimize maintenance of mission-critical equipment in offshore environments, while lowering costs and improving safety.

Shaletech: Haynesville-Bossier Shale

Jim Redden, Contributing Editor

Brighter gas fundamentals spark second wind

Subsea well control response: A comprehensive approach

Christopher LeCompte, Wild Well Control

Coordinated plans and procedures for managing well control incidents are essential to ensure the protection of life, property and the environment. Having access to a workforce dedicated to deepwater well control operations can save operators time and money.

Columns

First Oil

Kurt Abraham, World Oil

A need for leadership

Energy Issues

William J. Pike, World Oil

New Year’s resolutions

What's New in Exploration

William (Bill) Head, Contributing Editor

Why offshore? The answer is in the denominator!

Drilling Advances

Jim Redden, Contributing Editor

Bigger nail and hammer

What's New in Production

Don Francis, Contributing Editor

‘Tis the reason…

Offshore in Depth

Ron Bitto, Contributing Editor

Two unique strategies for offshore development

Oil & Gas in the Capitals

Dr. Øystein Noreng, Contributing Editor

Norway’s diversification

Executive viewpoint

Ed Cross, Kansas Independent Oil & Gas Association

Public perception challenges are critical for oil & gas industry

Innovative thinkers

Emily Querubin, World Oil

John Terracina: Bringing the frac fluid flair

The Last Barrel

Craig Fleming, World Oil

Winds of change blowing through our industry

News & Resources

World of Oil & Gas

Emily Querubin, World Oil

During a ministerial meeting in Vienna on Nov. 30, OPEC and participating nations agreed to extend cuts in oil production through the end of next year.

Industry at a Glance

Craig Fleming, World Oil

Prices for benchmark crudes continued to climb after Russia and OPEC agreed to extend production cuts for another nine months, although Moscow was concerned that supporting prices above $60/bbl would help U.S. shale producers.

People in the Industry

Emily Querubin, World Oil

Alasdair Fergusson has been appointed as a managing director at ClearWELL Oilfield Solutions.

Companies in the News

Emily Querubin, World Oil

Sparrows Group has secured a three-year crane management services contract from Chrysaor.

New Products and Services

Alex Endress, World Oil

Sperry Drilling, a Halliburton business, has released its JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements.

Industry Leaders Outlook 2018

Beware the bots

William J. Pike, World Oil

It’s the end of the year again, and time to reflect on our progress as an industry and a global community.

Mixed fortunes in prospect for UKCS

Alexander G. Kemp, University of Aberdeen

The year 2017 has been one of mixed fortunes for the UK Continental Shelf (UKCS), and this promises to be the main feature in 2018.

Welcome to the digital industrial future

Dr. Nathan Meehan, Baker Hughes

“The Graduate” was one of the iconic films of the late 1960s.

#Fossilfuelsreallymatter (really)

Robert Warren, Baclenna

My formula for success is rise early, work late, and strike oil – J. Paul Getty, founder, Getty Oil Co.

A shiny brick

Douglas N. Valleau, Contributing Editor

The price of oil is in a terrible place, and the “lower-for-longer” malaise impacts the industry’s every decision.

The tide is turning

Svein Tollefsen, Statoil ASA

Yet another year with strict capital discipline and cash flow focus will soon come to an end. And what a year it was!

A recovery cycle made for Hollywood with familiar characters

Burk L. Ellison, DistributionNOW

For most of 2017, we have witnessed a steady increase in the Baker Hughes U.S. rig count, from a bottom in the second quarter of 2016 at 421 rigs, to the peak of 947 rigs in the third quarter of 2017.

With 2017’s challenges behind us, the offshore industry looks ahead to 2018

David H. Welch, NOIA

In 2017, the oil and gas industry weathered unprecedented challenges.

Your next pivot—will it embrace entrepreneurship?

Art J. Schroeder, Jr.,, Energy Valley, Inc.

Entrepreneurship—it’s not just for millennials and can include innovative technology, above and beyond “bits and bytes.” Could it be the new you–2.0?