November 2015 | Volume 67, Number 11
An Environmental Perspective on Risk Management and Water
There is no denying that the oil and gas industry, as well as the agencies that regulate its activities, have significantly improved many aspects of environmental performance. Despite this progress, there is always more to be done to identify and manage risks associated with oil and gas development.
Annual SPE Salary Survey: Petroleum Industry Salaries Fall in 2015
In SPE's annual salary survey, average total compensation dropped back to 2013 levels after an increase last year. Nonetheless, more than half of respondents reported that their base pay increased in 2015.
ATCE Review: Conference Looks to Brighter Future Amid Challenging Market
More than 13,500 oil and gas professionals gathered at SPE’s Annual Technical Conference and Exhibition (ATCE) on 28–30 September in Houston, making it the second highest-attended ATCE.
ATCE Review: Future of Automated Rigs Requires Better-Trained Drillers
While there is talk about automation killing jobs, the reverse appears more likely as rigs have evolved to drill more difficult wells. Drilling automation will require more and better training programs to take full advantage of the technology.
ATCE Review: Outside Technologies Bring Risks, Rewards to Oil and Gas
One of the hottest topics in the oil and gas industry is how to take advantage of new and exciting technologies developed for other business sectors.
SPE Effluent Discharge Management Workshop Addresses Standards and Regulations
The SPE Trinidad and Tobago Section recently hosted an Applied Technology Workshop (ATW) on oil and gas effluent discharge management that brought together those responsible for generating effluent discharges, regulators, and those creating treatment technologies
Technology, Efficiency, and Midstream Growth Drive Long-Term Future for Marcellus, Utica
While the collapse in oil price is reshaping opinions about the North American shale revolution and the outlook for oil producers, natural gas producers in the United States are in a somewhat different position
Offshore Europe Review: North Sea’s Problems Driving Push For Change
The global industry is feeling the pain of the oil price plunge, but the UK feels it more acutely. Exploration drilling is at rock bottom levels, the offshore UK Continental Shelf is one of the world’s most expensive from which to produce a barrel of oil, and investment spending is expected to fall.
Offshore Europe: Statoil North Sea Discovery Moves Toward Production
Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.
Offshore Europe: Thinking Differently is Easier Than Doing Differently
There is no shortage of ideas for reducing the cost and risk of offshore oil and gas developments. The hard part is implementing them in an industry where they require changes in long-standing habits, corporate cultures, and some new technology.
Offshore Europe: Endgame in the North Sea Inspires Creative Thinking
In a down market, plugging and abandoning North Sea wells looks like an opportunity. The cost for operators is reduced because the government is paying more than half of the cost of the work, and many service companies hungry for work are offering discounts.
Flexible, Single-Skin Completion Concept Meets Well Integrity, Zonal Isolation Needs
As deeper and more complex well designs proliferate throughout oil and gas fields, well completion methods are challenged and new technologies are emerging to ensure safe, cost-efficient, and optimized completions.
01 November 2016
David Beathard, SPE, has been appointed a director in Tudor, Pickering, Holt & Co.’s upstream ad.......Read More
01 November 2015
Kamel BenNaceur, SPE, has been appointed director for sustainable energy policy and technology at th.......Read More
01 November 2015
Peter Fontana, SPE, has been elected to the board of directors of Parker Drilling. He will also serv.......Read More
01 November 2015
Jose Formigli, SPE, has been appointed to Aker Solutions’ Innovation Board and will serve as an advi.......Read More
Digitizing Core Scans Brings Old Methods into 21st Century
Pulled directly from the reservoir rock, core samples provide critical data used to determine how exploration should proceed. Until recently, core analysis remained old school, however, there is an ongoing transition to bring the process of core description into the digital age.
Treating Damaged Subsea Lines With a Light Electrical Touch
As subsea electric lines age, they are prone to cracks that allow seawater in, reducing their effectiveness, and if the leaks are bad enough, they can shut down operations.
Three Offshore Blocks Awarded in Mexico’s Second Auction
Mexico’s second oil and gas lease auction has been deemed a success after three out of five shallow-water blocks were awarded in September. The awarded areas contain an estimated 236 million bbl of oil and 190 Bcf of gas.
Halliburton Reveals Refracturing Strategy
Although refracturing is a topic that has gained a lot of interest, many shale producers have been sitting on the sidelines because early results did not justify the spending
Middle East NOCs To Boost Collaboration in Joint Projects
National oil companies (NOCs) in the Middle East plan to boost their collaboration efforts in technology applications through a global industry trade organization’s initiative.
Badrul Mohamed Jan
Researcher and Academic Lecturer, University of Malaya
Drilling and Completion Fluids
Low oil prices translate to a rapid drop in production. They will also lead to a series of secondary effects such as debt defaults from deflation, loss of jobs, collapse of oil exporters, and loss of credit needed for exports. These will eventually lead to a rapid decline in oil production.
Scott J. Wilson
Senior Vice President, Ryder Scott Company
Sally A. Thomas
Principal Engineer, ConocoPhillips
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ON THE COVER
2016 SPE President
01 Nov 2015
W&T Offshore entered into a definitive agreement with Ajax Resources to sell its interests in th ...
01 Nov 2015
Total signed an agreement to sell all of its interests in the Frigg UK pipeline, the Shetland Island ...
01 Nov 2015
Schlumberger entered into a definitive merger agreement to purchase Cameron in a stock and cash tran ...
GE Oil & Gas
01 Nov 2015
GE Oil & Gas signed a 4-year framework agreement to provide wellhead equipment and associated se ...
What are the fundamental relationships underlying gas reservoir performance? What are some techniques for forecasting production rate vs. time?
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