Issue: May 2018
Special Focus
A mixed gas (CO2, N2, CO) is uniquely applicable for increasing matrix permeability and enhancing oil recovery rates. It also decreases the Mcf/bbl ratio and increases the mobilization of asphaltenes while operating at immiscible conditions on oils ranging from 18° to 42°API.
Using AICDs in heavy oil fields can reduce water cut. As a case study shows, the viscosity difference between heavy oil and water provides a favorable mobility ratio well-suited to this technology, and increased oil production.
Features
Part 1: In this first of two monthly reports, the authors review significant changes in the artificial lift industry and highlight innovations in beam/rod pumping, linear lift units, and more.
A waterflood system’s success ultimately depends upon formation geology and the mobility ratio of the produced oil and injection water. Both new and mature waterfloods can benefit greatly from improved fluid integrity management, as demonstrated in a maturing waterflood in eastern Kansas.
Oklahoma’s entries in the national shale playbook sound like an encrypted play call in an American football game: SCOOP, STACK, Merge, SCORE.
Awareness of sand build-up in separator vessels is crucial to their efficient operation. The latest vibrating fork level detectors provide greater visibility of sand deposits, helping to avoid unplanned shutdowns and improve production efficiency.
Former Occidental Petroleum Chairman Steve Chazen, and his partners at private equity firm TPG Pace Energy, have acquired assets from well-respected Texas firm Enervest to form a new, $2.66-billion operator, Magnolia Oil & Gas.
A direct detection technology identifies fundamental properties generated by the interaction of super-light elementary particles. These small, sub-atomic particles constantly emit an intrinsic radiation spectrum that can be tracked to draw inferences about mineral deposits.
Despite the rise in crude prices, many Latin American countries are still grappling with considerable debt and declining production rates.
Columns
The fates of two venerable producing countries’ E&P sectors hang in the balance, as national elections approach.
Not that many months ago, I wrote about bots, particularly chat bots, that are evolving as a threat to our day-to-day operations.
Rising oil prices, along with shale being over-extended, and world reserves declining, are requiring companies to look to exploration again.
The ascension of dual-activity rig floors, which enable different operations to be conducted simultaneously in parallel, is credited with helping reduce offshore well delivery time.
Looking through rose-colored sunglasses, some people see renewable energy as eventually, and perhaps completely, replacing oil and gas.
On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.”
I promised to cover some specific produced water management trends.
The Permian basin’s output is forecast to reach 3.18 MMbopd in May, according to EIA, and it is widely anticipated to become the world’s largest oil patch.
If Edwin Drake would have drilled his 75-ft oil discovery well in northwestern Pennsylvania, down another 3,900 ft, he might have discovered vast quantities of natural gas in the Marcellus shale.
News and Resources
Gulf Publishing Company, publisher of World Oil, has rebranded to Gulf Energy Information (Gulf) to better reflect the scope of its offerings across the upstream, midstream and downstream sectors of the international oil and gas industry.
The crude price recovery, buoyed by potential Middle Eastern supply risks, was capped by rising U.S. inventories while President Trump debated on whether to reimpose sanctions on Iran.
CGG has appointed Sophie Zurquiyah as CEO.
Aquaterra Energy has completed the delivery of a Sea Swift conductor supported platform (CSP) for DeNovo Energy in the Gulf of Paria, offshore Trinidad and Tobago.
AnTech Ltd. has launched the industry’s first real-time, at-bit geosteering service for coiled tubing drilling.
