September 2020 ///

Global Mid-Year Forecast

As U.S. drilling plummets to 122-year low, losses may intensify in second half

Craig Fleming, Kurt Abraham, World Oil

The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.

Canada faces historically low activity levels with little price relief

Robert Curran, Contributing Editor

As the world holds its collective breath over Covid-19, Canada’s oil patch has shifted drastically to pure survivalism. Most measuring sticks of industry health show historic lows, while lack of market access continues to hurt producers.

Activity outside North America is no great bonanza

Kurt Abraham, World Oil; Cameron Wallace, Digital Editor

Most regions will see significant reductions in activity, although the Middle East and China seem to be faring better.

Features

Identifying economically viable wells for a recovering Brent crude price

Catriona Penman, Lloyd's Register

As E&P operators recover from Covid-19, digital transformation has brought new levels of well analysis not possible before. The latest in subsurface data visualization brings disparate data sets together—from oil price to well characteristics—to give operators ultimate confidence in their recovery plans.

Autonomously reducing water production and improving oil recovery in Oman

Osama Abazeed, Tendeka

Effective management of reservoir sweep, with regard to wellbore influx, is an inherent issue affecting horizontal well lengths. As an active, self-regulating technology, autonomous inflow control devices respond to viscosity changes to choke water and gas more effectively, increasing production and sustainability.

Shaletech: Marcellus-Utica Shales

Jim Redden, Contributing Editor

Gas Prospects Rise in Concert with Oil Woes

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

Latshaw Drilling and Double Eagle Energy hosted a rig site event, where President Trump reiterated that oil and gas E&P is a centerpiece of his energy and economic policy.

Combining borehole images with deep shear wave imaging technology

Stefan Schimschal, Dr. Stephen Fayers, Nicklas Ritzmann, Martin Cox, Baker Hughes; Iain White, Tullow Oil

Integrating imaging methods reveals sub-seismic features in the reservoir section and leads to a more accurate structural model of the subsurface.

Achieving operational efficiency gains using a total fluids management service

Garrow Wessendorff, Panther Fluids Management

The benefit of complex wellsite fluid systems can be gained more readily with a total fluids management approach. The author describes such a system, its various components and how they work together to deliver value using a unified approach.

Special Focus

Redefining intelligent completions

Paul Day, Weatherford

The future lies in integrating the drilling, completion and production phases. This life-of-well approach will deliver the next-generation well intelligence needed to reduce the cost of asset ownership, while maximizing profitability.

Next level optimization: Zero NPT

Caroline Linder, Weir Oil & Gas

As the industry shifts to conducting operations in 2020’s climate, thriving now depends on minimizing NPT and operating costs, more than ever.

Defining our next normal

Shawn Thomas, CentraMark Technical Sales Associates; Toni Hogan, Crystal Group

Pursuing revolutionary transformation will redefine how we work and catapult the oil and gas industry forward

Static gel strength testing of cement slurries in today’s world

Rob MacLeod, Jeff Moon, AMETEK Chandler Engineering

Gel Strength Development is critical in the evaluation of completion cement slurry design. This article explores the evolution of both the Mechanical and Acoustic laboratory test methods for gel strength testing.

Columns

The Last Barrel

Craig Fleming, World Oil

Energy transition taking shape

Drilling Advances

Jim Redden, Contributing Editor

Cloudy, but plowing ahead

Executive viewpoint

Jesse Filipi, Ambyint

The best technology is often boring

What’s new in exploration

William (Bill) Head, Contributing Editor

Exploration is near zero, not just because of demand

First oil

Kurt Abraham, World Oil

An historical year in many respects

Water management

Mark Patton, Hydrozonix

We’re here! Now what?

Resources

Industry at a Glance

Craig Fleming, World Oil