August 2020 | Volume 72, Number 8
H2 Economy: Hype, Horizon, or Here?
Hydrogen is big news, and not for the first time. But this time could be different. This article looks at the current state of enabling technology, obstacles to a hydrogen economy, and signs that the hydrogen economy could be emerging.
That Was Then, This Is Now
In 2004, US oil production was in decline, Facebook did not exist, and attitudes toward climate change were in flux. In years since, what has happened—and what’s important for the oil and gas industry of tomorrow?
Canadian Oil Sands Output Cut 1 Million B/D: What Could Go Wrong?
Oil sands producers predicted they could reduce production by 300,000 B/D by turning down steam injection. This will test methods to reduce, rather than stop, injection to avoid the damage caused by rapid cooling in some wells.
Aker Solutions Shares New Details of Unmanned FPSO Concept
While it remains today only an idea, there are but a few barriers keeping an unmanned floater from being realized, according to one of the world’s leading offshore engineering firms.
Using a Digital Twin in Predictive Maintenance
Often it is too difficult to create the fault conditions necessary for training a predictive maintenance algorithm on the actual machine. A digital twin generates simulated failure data, which can then be used to design a fault-detection algorithm.
Cybersecurity: Preventing Infection in a Body of Data
The oil and gas industry is increasingly characterized by complex connectivity, but our digital dependency brings a new realm of cyber risks. Are we cyber-ready?
Gaining a Competitive Edge by Digitalizing Subsurface Operations
The E&P subsurface sector today faces the lowest reserve replacement ratios in decades as well as an increasing need to maximize recoverable oil and gas from developed fields.
Application of Multizone Water Injection Downhole Flow Control Completions With Fiber-Optic Surveillance
A multizone water-injection project has ultimately proved a method of using intelligent completion interval-control valves in place of traditional sand-control completions in soft sand reservoirs.
Adaptive Drilling Application Uses AI To Enhance On-Bottom Drilling Performance
An intelligent drilling optimization application performs as an adaptive autodriller. In the Marcellus Shale, ROP improved 61% and 39% and drilling performance, measured as hours on bottom, improved 25%.
Head of Chevron Technology Ventures on the Realities of Investing Amid a Pandemic
Barbara Burger says the key interest areas for the supermajor’s portfolio of startup investments remains unchanged despite a new industry downturn. However, the environment is tighter and the way in which deals are made has already seen notable change.
Hisham Nasr-El-Din (In Memoriam)
01 August 2020
Hisham Nasr-El-Din, an SPE Distinguished Member, professor, and scholar in stimulation and oilfield .......Read More
Lukoil Starts Drilling Caspian Sea Prospects
Lukoil has begun wildcat drilling at an exploration well at the Shirotno-Rakushechnaya prospect structure, located north of the V.I. Grayfer field in the Caspian Sea.
Petrobras Starts Production in Atapu Pre-Salt
Petrobras started production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of the Santos Basin pre-salt, near the Búzios field offshore Brazil.
Egypt: Twelve Deals Worth $1 Billion
Egypt has completed 12 petroleum agreements worth at least $1 billion in addition to a $19-million signature bonus for drilling 21 wells, said Tarek E-Molla, Egypt’s Minister of Petroleum and Mineral Resources.
Majors Partner To Develop Norwegian Shelf
Aker BP, Equinor, and LOTOS Exploration and Production Norge AS have reached agreement on commercial terms to jointly develop the Krafla and Fulla region and the north of Alvheim area
CNOOC Makes Discovery in South China Sea
CNOOC Ltd., a branch of the China National Offshore Oil Corp., said in late June it had made a discovery at Huizhou 26-6 in the eastern South China Sea.
Energean, Edison Slice $284 Million From E&P Deal
Italy’s Edison has cut $284 million from the sale of its E&P business to Energean after excluding Algerian and Norwegian assets from the deal.
Petrobras Sets New Production Records Offshore Brazil
Brazilian oil and gas company Petrobras has reached a production record on Búzios field located in the Santos Basin pre-salt offshore Brazil.
Saudi Aramco Suspends Contract With Seadrill Rig
Saudi Aramco has suspended the contract for the Seadrill co-owned jackup drilling rig for up to 1 year.
Petronas Hires Maersk Rig for Suriname Drilling
Malaysian oil company Petronas has hired Maersk Drilling’s rig Maersk Developer for a one-well exploration campaign off the coast of Suriname.
Shouxiang (Mark) Ma
Senior Consultant, Saudi Aramco
Birger Velle Hanssen
Global Sales Manager, OneSubsea, a Schlumberger Company
Director of Safety, Kirby Distribution and Services
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
ON THE COVER
2020 SPE President
Acting JPT Managing Editor
TECHNICAL PAPERS DOWNLOAD
The ability to download the full SPE technical papers synopsized in JPT is a member benefit.
If you are a member, please log in to access the papers.
Papers synopsized in JPT are always available for purchase through OnePetro.