WorldOil The Last Barrel One man’s bust is another man’s boom Executive Viewpoint The Texas-Mexico Energy Nexus Energy Issues Fickle fracturing Intelligent artificial lift systems improve digital oilfield operations As oil prices remain ‘lower for longer,’ intelligent systems help optimize production. Unlocking stranded assets with the iEPCI Satellite concept The need to develop marginal fields and stranded assets in a low commodity price market has led to creation of the integrated EPCI execution model for smaller tie-back developments. Best water management practices in the Permian basin Water management in unconventional resource plays has become a critical topic over the last several years. To improve project economics, several best practices have begun to emerge. Hydraulically powered beam gas compressor fulfills multiple roles With a simple hydraulic power unit, and absent a pumping unit, the simplicity of the Beam Gas Compressor can be used to compress casinghead gas, boost gas in the field to the sales line or compressor stations, and function as the basis for vapor recovery units. FPSO lifecycle modeling adds benefits to development offshore West Africa In a recent FPSO development project offshore West Africa, a lifecycle modeling approach project, ending in a direct-connect Operator Training System with Aspen HYSYS Dynamics, was used for process design and control narrative validation, procedure verification, ICSS check-out, control room operator training and support for FPSO start-up operations. Engineered workflow delivers strategy to fish nearly 10,000 ft of CT offshore Mexico In an unplanned operation, valuable lessons were learned about how effective integration of conventional tools could enable the successful execution of a complex fishing operation with significant equipment restrictions. Flaring alternative acts as portable produced-water management tool A new design addresses two of the most common concerns in unconventional plays. Regional Report: India India’s growing population, urbanization countering efforts to reduce dependency on imports Extending coiled tubing reach capabilities in lateral wells Coiled tubing manufacturing technology has revolutionized CT string design optimization. Advanced MWD improves wellbore positioning in Wolfcamp formation Operators working in U.S. land plays have recognized that precise borehole placement within an unconventional reservoir is critical to improve production and ultimate recovery. Producers now realize that the quality of the rock where the well is completed has a significant impact on production, and that simply applying large amounts of hydraulic frac energy is not sufficient to maximize ROI. 2017 <i>World Oil</i> Awards More than 300 of the upstream oil and gas industry’s brightest minds gathered to find out, and celebrate, the winners of the 2017 World Oil Awards on Oct. 12. First Oil A plea for common sense from Newfoundland’s offshore sector What's New in Exploration We will not run out any time soon; too bad for exploration. What's New in Production Whither optimization? Oil and Gas in the Capitals Big EandP projects advance in Vietnam and Indonesia; Chinese intimidation continues Offshore in Depth Will life get better for offshore drilling contractors? Drilling Advances Planning for failure World of Oil and Gas Shell has reported the divestiture of a parcel of UK North Sea assets to Chrysaor. Industry at a Glance Brent crude futures (Dec) traded at their highest level in two years ($59.30/bbl) after officials from Russia and Saudi Arabia signaled that their respective countries were willing to prolong production cuts beyond March 2018. People in the Industry Maersk Oil has made several key appointments, in relation to its future business under Total. Companies in the News Weatherford International has secured a contract for plug and abandonment (PandA) services by Repsol Norge AS. New Products and Services Weatherford International plc has announced the commercial release of the PressurePro control system, a fully integrated rotating control device (RCD) and choke system for wellbore pressure management on land.