November 2019 | Volume 71, Number 11
Industry Continues To Make Progress on Carbon Capture
Rapid scale-up of carbon capture, use, and storage is essential for meeting climate and emissions targets while not crippling economic growth. Yet, its potential remains largely untapped because of reasons that include growing pains of immature technologies and uncertainty around public policy.
Focus on Sustainability, Digital Transformation at 2019 ATCE
Held in Canada for the first time, the 2019 SPE Annual Technical Conference and Exhibition brought more than 6,000 petroleum professionals to Calgary, and offered a comprehensive review of technical topics related to industry productivity, digital transformation, safety, and sustainability.
Industry Salaries Continue to Inch Up
Total compensation for SPE members this year has risen to its highest level since 2016, as the oil and gas industry continues to recover from the steep oil price downturn that began mid-decade.
SPE Offshore Europe: Industry Emerges as Revitalized, Digitally Motivated
SPE Offshore Europe 2019 saw a noticeably upbeat set of 38,000 industry participants from all over the world during the first week of September.
Report: “Simple” Well Spacing Calculations Are Inaccurate and Costly
Figuring out how far apart to place horizontal wellbores remains one of the biggest challenges facing the future of the shale revolution. One roadblock appears to be the way in which the sector has traditionally measured these distances.
Testing a System Where Machines Decide How Much to Pay a Trucker, and Send a Check
Ten big names in the oil and gas business created a group to try out ways to use blockchain in the oil business, and test if the record keeping and automatic data collection software can track water shipments more efficiently.
Shale Sector’s Switch to Slickwater Highlights Compatibility Issues with Produced Water
Not all friction reducers are created equal. With dozens of varieties on the market, industry research suggests that oil and gas companies be choosy.
Majors Step Up Low-Carbon Initiatives
Large-scale investment in carbon capture and methane-emission reduction tops the agenda of the Oil and Gas Carbon Initiative, an organization led by chief executives of several major oil and gas companies.
BP Appraisal Well Proves “World-Scale Gas Resource" Offshore Senegal
The Yakaar-2 appraisal well encountered 30 m of net gas pay in a similar high-quality Cenomanian reservoir as the Yakaar-1 discovery well drilled in 2017.
Summer of Funding: These Oil and Gas Startups Raised More Than $70 Million
Technology startups are breathing new life into an old industry with advanced software and emerging chemistry solutions. Learn about some of the names earning the most attention from the industry's venture capital groups.
Chevron, Schlumberger, Microsoft Team To Improve Digital, Petrotechnical Work Flows
The combination of digital technologies will enable Chevron—and, eventually, other companies—to process, visualize, interpret, and glean insights from multiple data sources, the companies said.
Study of DUCs Concludes Better Later than Never
Average production from Bakken wells completed more than 3 years after they were drilled was approximately equal to wells drilled a year before they were put into service, according to a study by the US Energy Information Administration.
27 September 2019
Laredo Petroleum named Jason Pigott to succeed Randy A. Foutch, SPE, as the company’s CEO. Pigott wi.......Read More
In Memoriam: William D. (Bill) McCain, Jr.
25 September 2019
William D. (Bill) McCain, Jr., a 50-year veteran of the oil and gas industry and academia, and 2019 .......Read More
Badrul Mohamed Jan
Associate Professor, University of Malaya
President, DrillScan US
Horizontal and Extended-Reach Wells
Drilling has become a complex operation that requires a multitude of tasks to be managed at the same time. Not surprisingly, then, drilling automation will gain momentum in the near future to deliver consistent execution and performance safely and with good wellbore quality.
Scott J. Wilson
Senior Vice President, Ryder Scott
Facilities Engineering Manager, FLA Engineering
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ON THE COVER
2020 SPE President
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