Issue: September 2019
Special Focus
An effectiveness analysis of various completion designs for reducing water production yields significant benefits during field development.
An organizational culture that values safety and incident prevention is necessary for achieving the safest work environment. Similarly, a culture that values reliability is necessary for the prevention of reliability incidents.
An upfront perspective on hydraulic fracturing innovation and implementation examines current shale completions, popular trends and tendencies.
Features
Disappointing results in the shale plays, along with a growing number of DUCs, indicate a reduction in activity is prudent to focus on completing idle wells to recoup investments, rather than loading more orphans in the queue.
Canada’s oil and gas industry is locked in a protracted downturn. At the halfway point of 2019, most signs now point to a bearish outlook, with the oil patch at the mercy of forces beyond its control.
Stubbornly high oil supplies continue to constrain global drilling figures, but a renewed focus on reserve replacement, coupled with emerging offshore and shale opportunities outside the U.S., show opportunities for growth in the future.
This year at ATCE, service providers are showcasing technologies engineered to increase efficiencies in difficult offshore environments, in extended reach drilling operations and to enhance digital intelligence platforms designed to optimize productivity.
A fledging Appalachian basin operator hopes its more established brethren will follow its lead and abstain from chasing growth amid a bleak gas price environment that shows no sign of strengthening anytime soon.
A flurry of deepwater discoveries in the Atlantic off Guyana’s coast has changed the future for the small South American nation.
Industry survey suggests investment will increase, but management’s vision needs better alignment.
Columns
Another mixed outlook awaits the E&P sector
Rank and exploration may be like jumbo and shrimp
Talk freely among yourselves
Hand me the remote
Energy subsidy confusion
The power of water
The time has come for an Appalachian Storage Hub
In 1982, I started working for a small independent that was making a living, drilling oil wells in the “mature” Seminole field of eastern Oklahoma.
News & Resources
The unrelenting trade dispute, festering between the U.S. and China, took a toll on crude prices in August, with WTI, Brent and Dubai Fateh dropping 4%, 7.1% and 9.4% respectively.
Dr. Stephen A. Holditch, an accomplished petroleum engineer and fixture of Texas A&M University faculty, passed away on Aug. 9, 2019.
Wave energy technology developer Ocean Power Technologies will trial its PB3 Power Buoy in the UK North Sea, representing a new approach to renewable offshore power generation.
Halliburton has introduced 3D reservoir mapping, an LWD capability that provides a detailed representation of the subsurface to improve well placement in complex reservoirs.
