July 2018 ///
Special Focus
Teamwork—The great facilitator
Collaboration is the foundation for most offshore advances. The immensity of the challenge—“How do we do this better?”—imposes a critical dictum on all the involved parties: share the burden or fold the tent and go home. In the following examples, teamwork meets the test head-on, as partnerships and consortiums field an array of solutions.
Features
Structural integrity management in late asset life: Sustainable operations maximize returns
An insightful approach to tackling one of the upstream oil and gas industry’s most challenging issues.
Structured commercial model, dedicated resources tackle P&A challenges
Decommissioning is often seen as the end of the road, but it’s actually a part of the on-going lifecycle. By reducing liabilities and direct costs when shutting down uneconomic wells, it frees up capital to invest in exploiting other fields.
Compliant screen raises the bar for successful and cost-efficient sand control
Hydraulic screen technology in sand control completion can maximize asset value while providing a simpler, more flexible installation that improves reliability.
Improving fracture design in tight gas reservoirs using new slim dipole tool
A new through-the-bit acoustic service enables operators to compare measurements taken before and after hydraulic fracturing in smaller casing sizes. The data are used to define open intervals after the treatment is executed to estimate propped fracture height.
Payback time, as LLS pricing lifts netbacks
The Eagle Ford is enjoying a comeuppance, of sorts. Once left to pick up Permian basin leftovers, the unconventional elder has emerged as a veritable hedge against the bottleneck-induced price differentials of its high-flying neighbor to the immediate west.
Steel tariffs: A campaign promise the oil industry hoped Trump would not keep
On March 1, U.S. President Donald Trump announced 25% tariffs on imported steel and aluminum. The E&P industry is telling Congress and the administration that this is a bad idea. The real question is “Why Was Anyone Surprised?”
Western Europe sees “positive development” offshore after years of output decline
Although global exploration has been fading of late, Western Europe’s offshore sector is still red-hot, in terms of E&P potential.
ONS 2018 to emphasize the necessity of innovation in oil and gas
ONS is gearing up for another year in Stavanger, Norway, where operators, international suppliers and decision-makers are set to gather for one of the world’s leading oil, gas and energy forums.
Protecting offshore assets from the risks posed by vessels
Mitigating risks offshore has been a contentious subject in the oil and gas industry. Until know, there were limited approaches to safe-guarding people and vessels. Today, there are new, comprehensive approaches to monitoring and communicating risk.
Columns
First oil
Canada’s E&P sector still trying to regain traction
Energy issues
Research foci to improve EOR
What's new in exploration
Wildcatting? Maybe the industry is coming out of its risk paralysis
Drilling advances
Opening the Gen Z pipeline
What's new in production
Home improvements
Water management
Produced water reuse and frac fluid compatibility
Executive viewpoint
Shaping the future of the industry
The last barrel
Texas two-step
News & Resources
World of oil and gas
World of oil and gas
Industry at a glance
Industry at a glance
People in the industry
EnerMech has appointed Salvatore Cutino as regional director for Africa, based in Cape Town, South Africa.
Companies in the news
Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025.
New products and services
Nikon Metrology, in partnership with the COREX unit of Premier Oilfield Laboratories, is improving augmented rock core investigations by using high-resolution microfocus-computed tomography (micro-CT) scanning.
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