August 2020 ///

Special Focus

Lightweight, modular subsea components designed to reduce ownership costs by 50%

Svein Stromberg, Baker Hughes

Applying new digital tools, structured planning and risk management expertise is essential to reducing costs in mature subsea projects.

NETL uses machine learning to prevent and predict oil spills

Jared Ciferno, Kelly Rose, NETL

NETL’s ORM suite comprises tools that can be used individually, or coupled together, to provide a full scope of data to evaluate, explore and ultimately prevent different spill scenarios.

Minimizing risk by determining a safe mud weight window for offshore wellbore construction

Rasool Khosravanian, Bernt Sigve Aadnoy, University of Stavanger

Increased requirements for uncertainty analysis have caused a shift in sensitivity assessment, from a deterministic approach to a stochastic process. To ensure wellbore integrity, it’s essential to conduct breakout and geomechanical fracture analysis to estimate a safe mud weight window for use during offshore drilling.

Digital twinning enables decommissioning to move forward with confidence

Dawn Robertson, Neil Pickering, Bureau Veritas

As remote inspection gains momentum in the current climate, digital twinning is gaining greater acceptance as a trusted method to reduce operating costs. New data show the benefits that digital twinning can bring to decommissioning.

Features

A stronger Gulf of Mexico means a stronger America

Erik Milito, NOIA

Calls to ban offshore oil and natural gas lease sales, or permitting, would devastate America’s economic and energy future.

Impact of Covid-19 on oil supply, demand and price to 2030

Peter R. A. Wells, Strategic Petroleum Insights

The COVID-19 pandemic will have a profound and lasting impact on oil supply, demand and price for the next 10 years. Two scenarios are presented to help producers understand the challenges associated with fast/slow economic recoveries.

Technology investment is key to the future of energy

Nasir Al Naimi, Saudi Aramco

Successful development of technology today will ensure that the E&P industry continues to be a source of reliable energy supplies, and also a driver of innovation, spearheading advances in the fourth industrial revolution.

ShaleTech: Eagle Ford–Austin Chalk Shales

Jim Redden, Contributing Editor

“Cheap drilling,” but very few takers

Collaboration drives subsea innovations and efficiency gains

Asmund Maland, ABB Energy Industries; Egil Birkemoe, Aker Solutions

Four years after combining strengths into an alliance, two executives offer insights into their companies’ progress in developing world-class subsea technologies, to solve remote and ultra-deepwater operational challenges.

Restoring profitability of mature, unconventional wells

Scott Benzie, Coretrax

Recovering reserves left behind in mature horizontal wells requires refracturing with modern techniques. A new single-trip expandable technology enables operators to restimulate existing perforations, to increase production and EUR with relatively low capital investment.

Editorial Advisors: Nathan Meehan receives SPE’s highest honor, takes on new role

One of World Oil’s most notable editorial advisors receives SPE’s ultimate distinction while also taking on new roles in the industry.

Trump’s trip to West Texas includes visit to rig of World Oil editorial advisor

Staff, World Oil

Ever wonder what goes on, when President Trump makes a trip to West Texas, especially when it features a visit to an oil field location? Well, one of our editorial advisors got to witness a full day of logistics, when the President visited one of his company’s rigs near Midland, Texas.

How to keep E&P workers healthy, safe and working while preparing for increasingly remote operations

Michael Dollinger, Mike Duffy, Carmen Garibi, Siemens Energy

Eventually, the Covid-19 pandemic will subside, and market prices for oil will stabilize and rise to more profitable levels. In the meantime, advanced digitalization and cybersecurity can keep essential E&P personnel safe, as operations must continue.

Efficiently increasing dynamic reservoir evaluation for offshore field appraisals

Yermek Kaipov, Carlos Merino, Fanise Kamalov, Schlumberger; Vitaly V. Litvin, Sergey A. Barylnik, Gazprom Neft

During offshore well testing, various factors contribute to a lack of data for dynamic reservoir evaluation. A live, downhole, reservoir testing platform enabled the most representative reservoir information in real time and connected more zones of interest in a single run for two appraisal wells in the Sea of Okhotsk, Russia.

Columns

First Oil

Kurt Abraham, World Oil

Anti-dumping resolution emerges out of unexpected place

What's new in production

Willard C. (Bill) Capdevielle, P.E., Contributing Editor

When is it OK to defer maintenance?

Oil and Gas in the Capitals

Jacques Sapir, Contributing Editor

Is Russia sacrificing the medium term for the short term?

Executive Viewpoint

Jason Modglin, Texas Alliance of Energy Producers

Shaping the future of oil and gas in Texas

The Last Barrel

Craig Fleming, World Oil

Never say never!

Resources

Industry at a Glance

Craig Fleming, World Oil

Special Section: Offshore Wind Power

UK strives to develop economically viable deepwater wind capabilities

Graham Stewart, Anni Piirainen, Kate Johannesen, Adrian De Andres, Xodus Group

To further exploit the UK’s vast wind power potential, technology advances and cost reductions are required for floating installations to compete commercially against bottom-fixed facilities.

The rise of floating offshore wind energy

Patrick Belenfant, Hélène Butat, Paul-Gaspard de Bovis, Bourbon Subsea Services

To help achieve carbon reduction goals, substantial growth is expected in the floating offshore wind sector. To efficiently harness the renewable resource, a European contractor is taking a leading role by installing powerful floating wind turbines in challenging environments.

Offshore wind continues strong growth, bolstered by new floating projects

Paul Hillegeist, Quest Offshore Resources, Inc.

As spending on renewable energy, particularly offshore wind, accelerates, floating projects will make up a growing share of activity.

PosHYdon: The key to unlocking offshore hydrogen’s future energy potential

The PosHYdon pilot project will create the world’s first offshore green hydrogen production plant in the Dutch North Sea. The project will gain experience in integrating working energy systems at sea and producing hydrogen in an offshore environment.

Offshore wind development projects continue to expand

Global data compiled by the Energy Web Atlas, a World Oil sister service, show steady growth in offshore wind development.