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Since its publication in 2007, the SPE Petroleum Resources Management System (PRMS) has been broadly adopted by the petroleum industry as the international standard reference for reserves and resources classification and reporting.

This paper proposes a metric for quantifying drilling efficiency and drilling optimization that is computed by use of a Bayesian network.

Signs of maturity in drilling systems automation are evident in the success stories filtering out of technical conferences and in the attraction of top university talent to an annual, international, drilling-systems-automation contest.

This paper describes the successful delivery of one ultrahigh-rate gas well (more than 250 MMscf/D) completed in a significant gas field offshore Israel with 7-in. production tubing and an openhole gravel pack (OHGP).

This paper presents the evolution of a Bakken advanced completion design with the added enhancement of extreme limited entry (XLE) perforating. With this strategy, an operator has consistently stimulated more than 11 perforation clusters per stage.

In this paper, the authors propose a coupled wellbore/reservoir model that performs dynamic nodal analysis using integrated models for surface-facilities, wellbore, and reservoir simulators and allows an operator to select choke sizes as a function of time.

Hardware innovation will continue to occur, but data analytics, multivariate modeling, and process optimization are emerging as new contributors to completion success.

This work presents a systematic geosteering work flow that automatically integrates a priori information and real-time measurements to update geomodels with uncertainties and uses the latest model predictions in a decision-support system (DSS).

From the highest courts of the US judicial branch to the C-suite, contests involving patents have recently come to the fore in the innovation hungry US oilfield services industry, even as filings and litigation have declined in recent years.

Having blockchain on an oil rig means everyone on the job shares a view of a project from start to finish. This could facilitate innovations that cut costs, but organizational change is required.