December 2016 | Volume 68, Number 12
Assessing the Processes, Tools, and Value of Sharing and Learning From Offshore E&P Safety-Related Data
With the US Bureau of Safety and Environmental Enforcement as a cochair of the steering committee, SPE held a 2-day summit in April to discuss the development and implementation of an industrywide safety-data sharing framework.
Pores to Production: The Nanoscale Search for More Oil
The story of unconventional oil and gas technology development has been focused on fractures. The formula has been more stages, more sand, and more water, targeting the most productive spots.
More Oil, More Water: How Produced Water Will Create Big Cost Problems for Shale Operators
If crude prices, rig counts, and tight oil production demonstrate a stronger upward trend in the months to come, US shale operators may find themselves with more produced water than they bargained for.
New Method Adds Value to Wolfcamp Porosity, Organic-Matter Measurements
A new technique that analyzes scanning electron microscope (SEM) images of formation samples has been used to measure porosity and total organic carbon (TOC) in the Wolfcamp Shale of the Delaware Basin in west Texas.
Oil Market Surplus Could Grow in 2017
Surplus production in the oil markets is likely to grow in 2017, and long-term oil prices will track with costs and not revert to the margin-inflated patterns of the shale boom.
Developing Countries Will Lead Energy Demand Growth
The world’s developing countries will lead economic growth and consume an increasing share of energy production globally over the next quarter-century.
Iran Opens Field Investment to Global Bidders
Iran’s national oil company is offering investment opportunities in 50 fields to global bidders, its first effort to do so since the 2015 pact with world powers that lifted nuclear-related sanctions against the country.
Extending the Life and Performance of Drillpipe With Wear Band Technology
Drillpipe doesn’t last forever, but a Houston-area startup company says it has developed a way to make it last significantly longer.
Calculating Reserve Estimates Even for Solar Power Projects
Compared to oil in the ground, the sun looks like a limitless energy source. Making comparisons of the two by calculating the equivalent of barrels of reserves for a solar project seems like an odd notion, but experts say it can and should be done.
Engineering Adviser, SPEC Services
Drilling Engineering Senior Adviser, Chevron
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ON THE COVER
2017 SPE President
29 November 2016
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