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To survive in the current low-price environment, exploration and production (E&P) companies must better handle the complexities inherent in their projects through practices that promote capital effectiveness and collaboration. -
More than 15,000 energy professionals representing 2,500 organizations and 60 countries gathered from 21 to 25 March in Kuala Lumpur for the Offshore Technology Conference (OTC) Asia.
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As operators look to reduce the time and cost for projects, adopting a modular approach to facility design. While this approach may provide some benefits, it may not be the most efficient path.
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Darcy Spady has been nominated for 2018 SPE President, and seven other members were nominated to fill vacancies on the 2017 SPE Board of Directors.
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The OTC 2016 Spotlight on New Technology awards recognize innovative technologies and allows for companies to show the latest advances in offshore exploration and production.
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The amount of data within industry continues to grow. Information management is a significant challenge, but it provides an opportunity for improved project performance.
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As the cost to source, transport, store, treat, and dispose of water remains relatively high, water management programs will become a greater priority in the coming year.
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To help lower costs of offshore projects, DNV GL has launched initiatives focused on the use of composite components.
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In drawdown management, operators can exert control over the downhole flow pressure, reservoir pressure, and choke size to avoid estimated ultimate recovery (EUR) losses.
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The US Department of Justice and the Alaska Department of Law recently closed federal and legal actions against ExxonMobil Corp. and its corporate predecessors involving the 1989 crude oil spill from the Exxon Valdez oil tanker.
