Issue: July 2020
Special Focus
Integrated geomechanical interpretation of hydraulic stimulation using distributed vibration sensing
Distributed vibration sensing has provided a new measurement technique for monitoring hydraulic fracture treatments. Once pre-modelled, the strain steps show expected order of response, and the fracture propagation can be matched during real-time to estimate the extent of actual fracture propagation.
An advanced software platform takes a human-centric approach in distilling knowledge from unconventional well data.
A new digital IIOT completion technology eliminates imprecise manual tracking during fracing operations, using sensor-driven software. The system consolidates real-time data from all service providers, on one screen, and produces a time-stamped operational log of what occurred at the wellhead...
Features
The wealth of data that E&P companies hold makes them vulnerable to a range of risks requiring ongoing board oversight.
Formation water reduction technology improves oil/water ratio in multiple basins.
Our industry requires technological advances during this historic downturn to make well construction and production operations safer and more efficient. But with capital expenditures likely to be severely constrained, where will the money come from? To help bridge the gap, existing digital solutions that require no capex spending can be used immediately to increase efficiencies and deliver improved performance.
So far, 2020 is on track to be the second-worst year in the spending survey’s 35+-year history, exceeded only by the 32% decline of 2016.
Advanced completion technology can balance the distribution of gas injection along the length of the wellbore and help control early back-production of gas in a huff & puff gas EOR process.
A new study highlights the possible levels of oil and gas production, field investment and decommissioning activity on the UK Continental Shelf (UKCS), following the collapse of oil and gas prices.
As the industry moves forward, producers are searching for ways to lower costs and reduce cycle times. Service providers must develop new technologies and sophisticated data analysis capabilities to better understand downhole conditions and rig performance, to improve drilling operations.
Operators are in survival mode and require innovative solutions to achieve the desired results within tighter margins. It is imperative that companies do more with less without compromising quality, and equipment integrity assurance plays an important role in reducing NPT and lowering well construction costs.
One of the more exasperating, outrageous situations being played out in the global upstream industry is the Trudeau administration turning a deaf ear, so far, to repeated requests and pleas for federal officials to lend substantive help to Newfoundland and Labrador’s (NL) offshore oil and gas industry.
Several times, over a period from mid-April to June 4, Canadian federal officials—principally as voiced by Natural Resources Canada Minister Seamus O’Regan—declared that they recognized that the NL offshore oil and gas industry is important, and that action would happen “soon.”
Columns
Dallas Fed survey reveals U.S. firms’ upstream mindset, strategy
Which way next: 90, 270, 360 or 180?
Forging the UK oil and gas industry’s future
What is WOTUS, and other threats to produced water
Natural gas: Commodity or by-product?
The future is now
Resources
Industry at a Glance
