July 2015 | Volume 67, Number 7
Offshore Operators Shed Costs, But Can They Keep Them Off?
Offshore drillers have been battered by the plunge in oil prices with falling day rates and a growing number of older rigs headed for demolition.
Improving Operator Returns
There is a school of thought that the dramatic collapse in prices and oversupply of oil that has affected our industry, and has added to the challenges facing deepwater and mature developments, is a relatively recent phenomenon.
Fracturing and Natural Gas in Groundwater: Is There a Connection?
Anyone who has watched films such as Gasland and Promised Land is aware of the alleged dire consequences to groundwater resources from the petroleum industry’s decades-old practice of hydraulic fracturing of tight formations to release hydrocarbons.
Advances Needed to Untether AUVs From Support Vessels
For years, the oil and gas industry has used autonomous underwater vehicles (AUVs) for simple tasks such as underwater surveys and inspection.
India Aims To Offset Production Declines, Slash Energy Imports
With 17% of the global population, India faces a huge challenge to meet its growing domestic energy consumption, especially as it holds only 0.35% of oil reserves and 0.6% of natural gas reserves in the world.
Mayank Ashar, Managing Director and Chief Executive Officer, Cairn India
Questions for Mayank Ashar, managing director and chief executive officer (CEO) of Cairn India.
A Day’s Worth of Ideas on Change and Changing
Imagine a machine that could make an automaker competitive by speeding product development, help a jet engine maker create unique parts for more efficient turbines, and allow a baker to quickly create a picture-perfect 3D replica of a flower made of sugar.
OTC Highlights Technical Challenges, Effects of Oil Price Volatility
The effects of oil price volatility on operators and service companies, technological advances, safety and environmental risks, economic and regulatory impacts, and sustainability were highlighted in the sessions and discussions during the annual Offshore Technology Conference.
Offshore Europe Chairmen Share Views on Industry
The SPE Offshore Europe Conference and Exhibition, the largest upstream oil and gas conference outside of North America, will take place in Aberdeen on 8–11 September.
Refracturing: Technology and Reservoir Understanding are Giving New Life to Depleted Unconventional Assets
The unconventional boom that has swept across North America over the past decade is a testament to how game-changing technology combined with expanded knowledge and understanding has transformed the paradigm of hydrocarbon production.
Corporate Social Responsibility Vital to Industry Operations
Corporate social responsibility (CSR) programs are a critical part of oil and gas project development. As companies continue to work in more densely populated communities, they have become better at working with local authorities to protect the interests of the people their operations affect.
Riser Life Cycle Monitoring System Undergoes Initial Research Phase
The National Energy Technology Laboratory (NETL) of the US Department of Energy (DOE) supports a wide range of research and development (R&D) projects to develop technology for enhancing deepwater capabilities and improving safety and protection of the environment.
Remediating Platforms by Raising Topsides
The design of fixed offshore platforms requires a minimum clearance from the mean water level to the topsides structure. This clearance is generally referred to as an air gap.
Darrell E. Hollek
01 July 2015
Darrell E. Hollek, SPE, has been named executive vice president of US onshore exploration and produc.......Read More
Amin H. Nasser
01 July 2015
Amin H. Nasser, SPE, has been appointed chairman of the board at Saudi Aramco. He has also been name.......Read More
New Perforation Gun Design Tests the Value of Simplicity
Price competition among makers of perforating guns has gotten brutal, even by the rough standards of unconventional oil business where depressed oil prices have led to deep budget cuts.
Ultrasonic Drilling Mud Measurement to Improve Drilling
Technology developers are working on a new ultrasonic flowmeter for drilling fluids aimed at obtaining better measurements than current systems with far fewer disruptions to rig systems.
Principal at Schlumberger-Doll Research
Independent Artificial-Lift Consultant
Two things stood out when I looked at this year’s abstracts. First, well over half of the abstracts were related to electrical submersible pumps (ESPs). This is a significant increase from the last couple of years. Second, there was a clutch of artificial-lift-method-selection papers.
Chief Production Engineer, Santos
Reid B. Grigg
Director, New Mexico Petroleum Recovery Research Center
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ON THE COVER
Helge Hove Haldorsen
2015 SPE President
Topics Announced for Distinguished Lecturer 2015–2016 Season
Featuring speakers from various disciplines and professions, the program emphasizes current trends, challenges, and technology applications in the industry. The following speakers and subject areas will be presented in this year's program.
01 Jul 2015
Halliburton opened a new 27,000‑m2 headquarters in the Bumi Serpong Damai area of Jakarta, Indonesia ...
01 Jul 2015
Subsea 7 was awarded a contract worth USD 300 million by Wintershall Norge for work on the Maria fie ...
01 Jul 2015
Kongsberg Maritime has been awarded a contract worth approximately USD 26.6 million by Eni Ghana Exp ...
01 Jul 2015
Odfjell Drilling was awarded a 20-week contract worth approximately USD 40 million by VietGazprom fo ...
What are the most common hazards? How can they be managed?
PetroWiki is a free resource from SPE to answer many basic petroleum engineering and operational questions. SPE professional members can contribute their expertise through updating or adding to PetroWiki content.