Issue: March 2023
SPECIAL FOCUS: Sustainability
During a recent project in the Middle East, an operator required isolation of non-producing perforations to reduce water production and deliver more efficient hydrocarbon recovery. Coretrax deployed its ReLineWL rigless expandable straddle which eliminated the requirement for a rig, delivering an efficient solution to production optimization.
Although progress has been made reducing fossil fuel consumption, crude oil and natural gas will be a significant energy source for many decades to come. Therefore, reducing associated CO2 emissions is crucial to controlling the release of GHGs into the atmosphere. CCUS is regarded as one of the best solutions to slowing climate change.
Digital adoption, collaboration and industry leadership will shape the future of energy operations.
Market demand for drilling rigs ramps up after years of dormant activity when many were stacked for storage. Ensuring that these still have the right specifications and are fit for purpose following reactivation can be a challenge requiring technical experience and expertise.
Drilling contractors and operators have more options than ever before to reduce their diesel fuel costs, without sacrificing performance. Creating an integrated and fuel-flexible hybrid power solution offers sustainability benefits and stability that’s required in the oil field.
Features
As ML applications become easier to access and use, they are setting the stage for rapid scaling across the E&P industry to assist the human decision-making process. A new ML-based drilling system recommender illustrates how this scaling is improving drilling performance and reducing energy extraction costs.
CTD can be very cost-effective in developing mature fields. Through careful planning, the benefits of underbalanced drilling—and the increased production it delivers—can be achieved for less than the cost of sidetracking existing wells, using a conventional drilling rig.
A cross-sector collaboration between suppliers and project partners to design rigs at the concept stage for tie-back will be beneficial. This approach enables the industry to move from sequential development stages toward simultaneous drilling and platform construction to accelerate timelines.
DNV outlines how energy companies must address the increasingly common, complex and creative cyber threats facing their organizations.
It has become apparent that securing the industry against cyber criminality is a priority, to mitigate the existential threat to business functionality. There are a multitude of actions that operators can take to achieve battle-readiness in this era of unprecedented instability.
Columns
TotalEnergies’ Pouyanné takes balanced approach, citing energy security
Dinosaurs, CO2 and Quantum
Engineering through the noise
The complexity of produced water management (Produced Water Society)
Oilfield mindset shifts to quality over quantity
Striking a balance
Resources
