February 2020 | Volume 72, Number 2
Man vs. Drilling Machine Can Be a Productive Thing
Hess is testing whether it can drive drilling improvement by combining drilling rigs equipped with automated functions and humans determined to find a way to beat the programmed drilling.
Effective Treatment and Handling of Produced Water
Produced water is an inevitable byproduct of oil and gas production. The use of online oil-in-water monitors plays an important role in the management of produced water.
With Automation in Hand Drillers Demand a Raise
Rigs drilling faster earn less money per foot because they are contracted by the day. But at least they are still working. Now service companies are developing new rigs with more automated functions, and want increased rates based on the productivity gains achieved.
Life After 5: How Tight-Oil Wells Grow Old
Production data from the oldest horizontal wells in the three largest oil plays in the US show that annual decline rates remain relatively high for a long period of time. This challenges assumptions held about production after 5 years and directly affects reserve and ultimate recovery estimates.
Want More Production? Try Taking a Break
Oil companies are considering whether shutting in a well for a month or so may mean stronger production later by allowing more time for water to soak into the rock, which gets it out of the way of the oil and gas. But this is not always effective, and additional work is needed.
Permian Basin Decline Rates Have “Increased Dramatically” Amid Ongoing Slowdown
A new report says that production growth in the world’s most prolific unconventional basin is on the verge of stalling out.
Randall M. Albert
06 January 2020
Montage Resources Corp. appointed Randall M. Albert, SPE, member of the board of directors, as chair.......Read More
Guyana Hits New Milestones
First oil from the 120,000-B/D Liza Destiny FPSO is flowing ahead of schedule.
Tackling Carbon Emissions on a Grassroots Level
Alberta carbon conversion challenge yields potential GHG reduction of millions of metric tons per year.
Shell’s Well Pad of the Future Is Open for Business
The international major is calling its latest multiwell project in the Permian Basin a “beacon of innovation.” The goal is to see if combining digital technologies will lower the operating costs of its shale assets.
Devon Sells Barnett Asset to Thai Venture Firm for $770 Million
Devon exits the asset that served as the company’s cornerstone for almost two decades and is known to the world as the birthplace of the shale revolution.
Total to Gain Blocks, Extend Production Licenses Offshore Angola
Total has agreed to acquire interests in two blocks in the offshore Kwanza Basin from Angola’s state-owned Sonangol and has received an extension on its offshore Block 17 production licenses.
Superior Energy Becomes Latest Service Firm to Abandon Pressure Pumping
As completions activity slows down in the US, the second service company in a week’s time has said it is exiting the business of hydraulic fracturing.
BP Confirms Further Gas Potential Offshore Mauritania, Senegal
Three appraisal wells drilled this year—GTA-1, Yakaar-2, and Orca-1—targeted nine hydrocarbon-bearing zones, encountering gas in high-quality reservoirs in all zones and yielding a combined 160 m of net pay.
US Sets New Records for Proved Oil and Gas Reserves
Proved oil reserves totaled 43.8 billion bbl at yearend 2018 while proved gas reserves amounted to 504.5 Tcf, both topping records set in 2017, the US Energy Information Administration said.
Michael H. Weatherl
Engineering Consultant and President, Well Integrity
Well Testing Team Lead, ExxonMobil
In my inaugural column as editor of the Well Testing Technology Focus feature, I want to shine a light on the notable trend among operators of seizing on the tremendous untapped potential that exploration and appraisal wells represent for far-field reservoir characterization and connectivity.
Senior Technical Adviser for Drilling Services, Baker Hughes
Drilling Systems Automation and Management
Drilling systems automation (DSA) is moving into commercial activities on a broad front. Equipment suppliers are delivering automated drilling-control systems, and everyone (equipment suppliers, service companies, drilling contractors, operators) is delivering systems-automation applications.
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ON THE COVER
2020 SPE President
TWA Accepts Nominations for “Energy Influencers”
01 February 2020
The Way Ahead (TWA), SPE’s publication serving young professionals, is accepting nominations for its.......Read More
Deadline Nears for Award Nominations
01 February 2020
The deadline for nominating members for international and regional awards is fast approaching. SPE a.......Read More
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