Whitepapers

World Oil white papers include literature on the latest trends, development and advances in the offshore and onshore oil and gas industry, including technology and technologies relating to operations, shale, technology, subsea, deepwater, rig activity, drilling, innovations in the oil and gas industry and more.

Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

August 03, 2015
Sponsored by: SAS
Now more than ever, SAS® Visual Analytics provides the tools you need to improve understanding of wells and operations – even if you’re not a statistician. And with an easy-to-use interface atop a robust framework of data management and advanced analytics solutions, engineers can ask and get answers to unanticipated questions on the fly. The paper shows how using advanced analytics can help operators not only to analyze the root cause of events, but also to predict critical events or failures. Such efforts will help to reduce nonproductive time and facilitate safer, more efficient operations. The paper also briefly describes the rich set of solutions that SAS offers to improve overall drilling efficiency.

Minimize disruption risks when migrating legacy oil and gas control systems to the latest automation technologies

August 03, 2015
Sponsored by: Siemens
Like most process industries, oil and gas operations may be using outdated control systems with components nearing end-of-life. While this can be an opportunity to upgrade to the latest automation technologies, especially to boost efficiencies and operating margins, the risk of disruption and downtime can forestall the needed steps to move ahead. But operators can minimize that risk with careful planning and consideration of the steps outlined in this white paper. Three specific scenarios illustrate how oil and gas operators can migrate and upgrade to newer systems with minimum, if any, disruption. Annual returns on an investment in modernized automation can be as much as 30 percent, paying for the upgrade in a very short time while positioning an oil and gas facility’s operation to be more efficient, profitable and competitive for years to come.

Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

July 08, 2015
Sponsored by: Teradata
If you’re like many oil and gas companies, you’re already collecting massive amounts of health, safety, security, and environment (HSSE) data. But how long does it take to act on it? The answer, of course, is anywhere from months to years. Some companies make the mistake of regarding HSSE compliance as a necessary evil. That doesn’t need to be the case. HSSE efforts can drive you forward, helping you gain greater efficiency and additional revenue. HSSE compliance can be a framework for optimizing operations, not just another regulatory burden to endure. You can run your business on HSSE principles—and win. Teradata can show you how.

Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

July 08, 2015
Sponsored by: Teradata
Many oil and gas professionals live in a constant state of uncertainty. They simply don’t know if their assets are performing up to potential. All they know is that they run the business on averages, and the averages seem to shake out in their favor. But this lack of certainty doesn’t have to be your reality. In fact, you have the capacity to proactively gauge the performance of your oil and gas assets—not just every once in a while, but every moment, and on demand. In this paper we take a look at the current limitations of the application-driven environment, and we consider how an integrated data solution can offer deeper insight for sustainable competitive gains.

Don’t Miss the Unconventional Resource Revolution’s Next Wave

June 15, 2015
Sponsored by: Baker Hughes
It’s time for operators developing North America’s unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model for developing unconventional assets is still based on a cycle of repeatedly drilling, completing, and fracturing new wells. In today’s climate of depressed oil prices, that model is both unprofitable and unsustainable. It’s unnecessarily costly and often leaves more than 90% of the recoverable hydrocarbons in place. However, operators can reinvent their business models for unconventional assets through a process of strategic well rejuvenation. This white paper details a data-driven, science-based method to help operators better understand their reservoirs and uncover the reasons behind poor well performance to identify and implement the most profitable well rejuvenation programs—maximizing recovery rates, cash flow and ROI at a lower CAPEX than possible using the current business model.
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