Issue: May 2023
Special Focus: Well Completion Technology
Cemented ball-drop sleeves enable operators to reduce cost and operational risk, while helping achieve optimal pumping rates to improve production potential in extended-reach laterals.
Complete and precise measurements allow calculations of proppant uniformity with complete trust in the integrity and validity of acquired data
By identifying the numerous barriers obstructing 24/7 reservoir fracturing, a newly developed system utilizes advanced processes and technologies. The system has led to gains in operational efficiency, consistency and safety, enabling operators to fracture a reservoir more hours/day compared to standard procedures and techniques.
An analytical model, based on CFD and discrete element modeling, simulates treatment placement efficiency and diversion effectiveness in HPHT fractured carbonate reservoirs. Application of the innovative technique increased expected production 20% in a North American well.
Features
Two innovative shale oil EOR processes offer greater simplicity, and lower capital expenditure and operating costs, compared to natural gas or CO2 EOR. Advanced compositional reservoir simulation modeling is used during operation to ensure maximum oil recovery.
After 60 years of E&P activity, the Cooper basin remains Australia’s largest onshore O&G province, supplying domestic gas markets in southeastern Australia and export markets via the Gladstone LNG plant. This strategic basin has potential for further discoveries, as well as opportunities to play a key role in Australia’s energy transition through CCS projects in depleted fields.
Despite reasonable oil price levels, U.S. upstream activity is being restrained by inflated equipment/supply costs, residual lags in the supply chain, and, perhaps most of all, manpower issues.
As the upstream industry continues to require increased ROI at a lower capital investment, a subsea services provider is setting the bar on standardization, ensuring performance agility through a truly global solution to standard subsea production systems.
Automation is a key component to reducing the carbon footprint of operations and increasing drilling efficiency. Using A.I.-driven power management systems optimizes power usage while minimizing fuel consumption and carbon emissions.
Vision AI solutions for the upstream industry combine the latest AI, 5G, and Edge technologies for rapid visual data curation, proactive remote monitoring, continuous tracking, and automated alerting for solutions scaled across E&P sites and facilities.
Columns
Beyond the numbers, upstream firms remain quietly confident
Fork in the road
Data: “The great equalizer”
Water markets and net water positivity
The practical impossibility of large-scale carbon capture and storage
Hydrocarbons deliver energy security
Resources
Crude prices surged in April after OPEC+ announced it was slashing output by 1.16 MMbopd as a precautionary measure targeted at stabilizing oil markets.
