By integrating seismic, geological, and engineering data, Global’s seismic-based analytics workflow identifies the most prospective areas and zones for drilling - down to the stage level. Operators can apply these models to optimize drilling, completion design and execution, qualify refracturing candidates, and improve economic recovery, thereby reducing risk and optimizing spend – essentials during the current downturn. This white paper discusses the workflow and uses a case study from the Permian Basin to illustrate field-proven capabilities.
Oil and gas producers have seen a dramatic boost in production from horizontal wells in unconventional reservoirs over the last decade. In a low-priced oil and gas market, operators must find a way to pair the higher well performance with improved operational efficiency to reduce well costs. This paper explains several challenges faced by operators today and the completion solutions that can help drive down costs in an effort to make wells more profitable.
With commodity prices, demand for O&G-related products and services, and other cost-driving forces at record lows, those who systematically take advantage of market movements can drive large, sustainable cost reductions. Through the use of cost modeling and should-cost analysis (explained in greater detail below), we’ve seen E&P, midstream, and downstream Oil and Gas companies consistently drive an incremental 5% -20% savings in supplier negotiations through the recent downturn.
Oil and gas industry executives must stay informed of cyber security threats for two reasons: (1) the energy sector is by far hackers’ #1 target, says the U.S. Department of Homeland Security; and (2) a cyber attack on their own facilities can potentially have serious impacts on operations and profitability as well as grave consequences for the life safety of personnel and nearby communities. This paper provides an executive level briefing of today’s top cyber threats, plus an overview of a layered “defense-in-depth” strategy – an industry best practice.
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