September 2018 | Volume 70, Number 9
Can Putting Blockchain on Drilling Rigs Really Get Everyone on the Same Screen?
Having blockchain on an oil rig means everyone on the job shares a view of a project from start to finish. This could facilitate innovations that cut costs, but organizational change is required.
Innovation—A Word We Throw Around
Who decides what innovation is? Are we really innovating as an industry or merely applying a catchphrase to already tried and tested processes because that’s what’s “in?”
SPE Honors 2018 International Award Recipients at Annual Meeting
Recipients of the 2018 SPE International Awards will be recognized at the Annual Reception and Banquet to be held during the 2018 SPE Annual Technical Conference and Exhibition in Dallas this month.
Oilfield Service Patent Contests Get Heated
From the highest courts of the US judicial branch to the C-suite, contests involving patents have recently come to the fore in the innovation hungry US oilfield services industry, even as filings and litigation have declined in recent years.
Getting to Zero and Beyond
The recently issued SPE technical report Getting to Zero and Beyond: The Path Forward highlights the “how to” for the industry to achieve zero incidents, zero harm, and zero impact.
Learning Nontechnical Skills for a Successful Career
The main goal of the SPE Business Management and Leadership Committee (BML) is to promote learning opportunities for nontechnical skills. Technical skills often get you in the door, but strong nontechnical skills can propel you to career success.
An Update of the Global Standard in Reserves/Resources Classification and Definitions
Since its publication in 2007, the SPE Petroleum Resources Management System (PRMS) has been broadly adopted by the petroleum industry as the international standard reference for reserves and resources classification and reporting.
Can You Measure Reservoir Depletion While Drilling?
Shale explorers run very few logs into horizontal wells, making it difficult to understand the effects of reservoir depletion in tightly spaced wells. This new technology is trying to change that.
New Modeling Code Sees Deep Inside Fractures, May Change Thinking on Well Spacing
Operators are working with a young startup company to overhaul how the unconventional sector has traditionally interpreted one the most common tests used to influence well completion designs.
Innovative Pressure Map Offers Insights on Frac Hits
Well-interference issues can be hard to diagnose, but this startup may be figuring that out. The data-driven process it developed can also help operators come up with more effective ways to use diverters.
Pioneer's Analytics Project Reveals the Good and Bad of Machine Learning
A recent research effort has shown that the digital journey is full of stumbling blocks. Just like humans, advanced computing technology will get some things right and some things wrong.
Big Leaps Still to Come in Unconventional Technology
Today’s advancements in unconventional technology are worth marveling over, but there is still plenty of room for growth.
In the Shale Business, It’s Time for Another Revolution
The report card for unconventional oil and gas producers from a leading industry analyst is A+ for growth and F- for paying back investors.
Find Out What Google and Oil and Gas Companies Are Searching for in Big Data at 2018 ATCE
The company behind the world’s most popular search engine is trying to click with the upstream business at the most distinguished technical event of the year.
New Instrumented Docking Gun System Maximizes Perforating Performance
Accidental detonation of a perforating gun at surface can have catastrophic consequences. To decrease risks, layers of procedural controls have been implemented to reduce the inadvertent application of power caused by human error, stray voltage, or the presence of radio frequency (RF) energy.
Eni Gets Development Approval for Area 1 Offshore Mexico
The Italian firm is slated to become the first international operator to produce oil from Mexican waters since energy reform took hold. The launch of early production from Area 1 is expected in first-half 2019.
BP To Buy US Shale Assets From BHP for $10.5 Billion
BP ends a year of speculation as to who will buy BHP Billiton’s much-coveted US unconventional business, transforming its Lower 48 portfolio in the process.
Equinor Invests in Two Gas-Focused Tech Startups
Venture groups spend their time evaluating hundreds of companies each year to only make a handful of investments. These two cover interesting ends of the upstream spectrum: aerial drones and downhole artificial lift.
Growth in Offshore Activity Could Lead to Recruitment Boom
The past years’ stable workforce levels in the upstream petroleum industry—balanced by increases in shale workers and decreases in offshore workers—are set to shift with a boost in offshore projects, one research firm says.
Norwegian Exploration and Development Pick Up, but More Is Needed
Norway hopes for a continued rise in offshore exploration and development activity to ensure steady oil and gas production through the next decade.
Chief Scientist, Baker Hughes, a GE Company
Reservoir Performance and Monitoring
If the industry until recently was lamenting that a global upstream investment slump caused a focus on incremental technology improvements, now a looming oil-supply shortage has reignited discussions about how innovation, digital technologies, and collaborations can accelerate future major projects.
Senior Manager for Design for Reliability, Baker Hughes, a GE Company
Senior Technical Adviser for Drilling Services, Baker Hughes, a GE Company
Head of Global Innovation, Clariant Oil Services
The last 3 years have seen an unprecedented increase in paraffin-related challenges. The featured papers give some insights into the work under way at some companies to elucidate the structure performance relationships between inhibitors and crude oils containing these higher paraffinic species.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
ON THE COVER
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.