Issue: June 2016
Special Focus
Expanding the boundaries of ball-drop technology has led to a simple, yet effective design for reducing completion time and improving operational efficiency.
Features
Part 2: In this second of two monthly reports, the authors highlight innovations in ESPs, PCPs, and gas lift systems, plus new developments in power, automation, control and monitoring systems.
A new sucker rod coupling material enabled a more-than-threefold extension in run times in the Williston basin’s Bakken shale, thereby eliminating significant workover costs for the operator and facilitating uninterrupted production.
Alternative approach cuts NPT and reduces casing string requirements in weak, depleted horizons.
Deferrals replace unchecked production
The Williston basin has seen a full evolution of completion technology throughout its development, with increasing levels of science being applied to determine the best methodology.
Russia remains top competitor through stabilized output, extended field life
Columns
UK’s referendum on EU approaches, amid scant talk of E&P effects
The reality of alternative energy
Experienced explorationists are the best “new” technology an enterprise can possess
The human touch
Perforating, perforce
Marine seismic suppliers leverage multi-client libraries to weather downturn
The rise—and the rise—of oil and gas
Low oil price environment drives efficiencies, collaborative projects
An eye to the future
News & Resources
World of oil and gas
Industry at a glance
People in the industry
Companies in the news
New products and services
World Oil's 100-Year Anniversary
The first decade-and-a-half of the 2000s has been a time of seminal events for the world, the global upstream industry, Gulf Publishing Company and World Oil.
Nothing epitomizes the 2001-2016 period more than the “Shale Revolution” in the U.S. First, there was a wave of shale gas development.
Through most of the last 15-years, the global E&P industry has seen a significant expansion of deepwater activity, particularly in the U.S. Gulf of Mexico, Brazil and West Africa.
The global oil and gas industry has not been alone in experiencing significant changes during the 2001-2016 period.
Not since the great price collapse of 1986 has the global upstream industry seen such a major downturn in oil prices and activity, particularly in North America, as has occurred from late 2014 forward.