Issue: October 2015
Special Focus
Today, drilling data are marred by a lack of quality assurance, with potential costly consequences for analytics and real-time decisions made from faulty data. A new system allows operators to boost efficiency through the validation of real-time or historical data, unlocking significant reductions in both non-productive time and invisible lost time.
Combining closed-loop, automated, rotary-steerable drilling technology, with controlled directional jetting, is improving field development economics, lowering risk and enabling more productive well designs in mature offshore fields.
The lifting cost, or cost per barrel, becomes a hot topic when margins are squeezed by low crude prices. An interesting debate, in this context, is what can be done to drilling speed—are we close to theoretical limits, or are we still far off?
Features
Technologies incorporated in Huisman’s dual multi-purpose drilling tower (DMPT) allow operators to land heavy casing strings and optimize the design of wells targeting deep horizons.
In this third and final article on Norway’s E&P sector, the country’s quest to push the oil recovery rate higher continues to move forward, regardless of oil price levels, technical challenges and field conditions.
Attractive sweet-spot margins help ease pain of low prices
With the industry facing low crude oil prices for the foreseeable future, the Middle East and North Africa (MENA) region remains an oasis of increasing oilfield activity, due to minimal lifting costs.
Columns
Jumping the curve
Arctic: The real deal
Technology could save your life
Technologies for the taking
Waiting in the wings
RPSEA demonstrates value of government-industry collaboration
Throw oil and gas under the bus?
Will oil sands production fall in this low-price environment?
Louise Goetz: Empowering wells and women
When “experts” make predictions, run the other way
News & Resources
World of oil and gas
Industry at a glance
People in the industry
New products and services
Companies in the news
