Current Issue: April 2018 ///

Special Focus

OTC commemorates 50 years in Houston

Emily Querubin, World Oil

The Offshore Technology Conference (OTC), the offshore oil and gas industry’s largest equipment exhibition, is celebrating its 50th edition this year.

OTC Spotlight on New Technology Awards: Offshore industry innovates despite muted activity

Offshore investments may still be slow to accelerate, but that hasn’t stopped companies from ramping up R&D efforts to create a safer, more efficient and more productive offshore industry.

Technical advances solve a variety of offshore problems

As was the case last year, nearly all of this group of new technologies and next-generation improvements on existing products remains split between drilling and production applications.

Features

Planning and operating a duo-lateral well in Mittelplate oil field

Florian Bremer, DEA Deutsche Erdoel AG

Germany’s largest oil field, operated by DEA Deutsche Erdoel AG, sits in a national park and UNESCO World Heritage site, with development drilling restricted to one existing island.

Geosteering solutions land wellbore and maintain lateral in deepwater target

Rennie, A., Halliburton

At a deepwater (7,000 ft) location in the Gulf of Mexico, an operator was struggling to identify the approaching reservoir top during the landing section due to complex geology with lateral variation and seismic uncertainty.

Collaboration leads to successful application of new drill bit design

Chris Casad, Ulterra

An example of a cooperative relationship was demonstrated when Ulterra, a producer of PDC drill bits, and a large independent E&P company—operating in the Eagle Ford shale—combined forces to examine ways to improve performance.

Regional Report: Gulf of Mexico

Mike Slaton, Contributing Editor

Push comes to shove, as activity ebbs

What’s new in well logging and formation evaluation

Stephen Prensky, Consultant

In 2017, the big news in the logging and formation evaluation industry was the completion in July of the successful merger of Baker Hughes and GE Oil & Gas to form BHGE, which comes on the heels of the unsuccessful effort by Halliburton to purchase Baker Hughes in 2016.

Shaletech: Permian Basin

Jim Redden, Contributing Editor

Soaring drilling, production block out irritants

Digitization and data analytics will impact upstream operations favorably

Jay Stieneker, North Highland

On June 13, 2014, the cost of a barrel of West Texas Intermediate stood at $107.49. That year, budgeted, worldwide capital expenditures in the oil and gas industry would approach a record $520 billion. The future looked bright.

Investing in predictive analytics derives true value

Philippe Herve, Spark Cognition

As the oil and gas (O&G) industry emerges from the recent downtown, executives are looking for innovative ways to promote growth.

Columns

First oil

Kurt Abraham, World Oil

Is it “transparency” on the GOM, or is it something else.

Energy issues

William J. Pike, World Oil

Mixed message on offshore.

What’s new in exploration

William (Bill) Head, Contributing Editor

Things certain in life: Death, taxes and risk in exploration.

Drilling advances

Jim Redden, Contributing Editor

Home cooking.

What’s new in production

Don Francis, Contributing Editor

The Great East Japan Earthquake and MH 21.

Offshore in depth

Ron Bitto, Contributing Editor

Mixed messages from the Gulf of Mexico.

Executive viewpoint

Randall Luthi, National Ocean Industries Association (NOIA)

Offshore energy: Produce today, don’t panic tomorrow.

The last barrel

Craig Fleming, World Oil

Optimism springs eternal

News & Resources

World of oil and gas

Emily Querubin, World Oil

Concho Resources’ acquisition forms Permian’s largest unconventional shale producer.

Industry at a glance

Craig Fleming, World Oil

In March, downward pressure on oil prices was applied by consecutive gains in U.S. inventory, capped by a weekly surge of 5.32 MMbbl in late March.

Companies in the news

Emily Querubin, World Oil

Deep Sea Mooring (DSM) has announced that it is now carrying out operations for Maersk Drilling in Trinidad.

New products and services

Craig Fleming, World Oil

GE and Noble Corp. have launched a digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improving drilling efficiency.

People in the industry

Apache Corp. has named David Pursell as senior V.P. of planning and energy fundamentals.

Port Fouchon 2018

The U.S. needs a vibrant Port Fourchon

Chett Chiasson, Port Fourchon

President Donald Trump’s State of the Union address on Jan. 30 hit home with those of us who see Port Fourchon as an essential component of the nation’s long-term energy security.

Designing a future with “holistic resilience”

Jim Redden, Contributing Editor

With rigs on standby, awaiting active duty in the deepwater Gulf of Mexico (GOM), the management of southern Louisiana’s resilient Port Fourchon is locked firmly in the visionary mode.

Construction to begin on next leg of LA-1

Jim Redden, Contributing Editor

With construction set to commence on the next segment, fingers are crossed that President Donald Trump’s sweeping infrastructure initiative will provide some of the funding necessary to complete the 19-mi elevated Louisiana Highway 1 (LA-1) thoroughfare to Port Fourchon.