Testing page for app

BP was the only operator to place a bid in the Canada-Newfoundland and Labrador Offshore Petroleum Board call for bids, which offered 17 parcels in the eastern Newfoundland region.

Digital transformation offers opportunities beyond the technical goal of increased production. It may also enhance sustainability, the work/life balance, and the public’s perception of the industry.

In the aftermath of the Deepwater Horizon oil spill, the oil and gas industry, regulators, and other stakeholders recognized the need for increased collaboration and data sharing to better identify safety risks and address them before an accident occurs.

A presentation at the 2020 Offshore Technology Conference Asia described a study of unmanned aerial vehicles operated by off-site pilots based in remote control centers many miles from the facility.

OPEC’s easing of production cuts originally planned for January may be delayed until mid-2021 because of the global increases in COVID-19 cases occurring in November.

I begin this column by saying that after attending several recent SPE events filled with students and professionals, all virtual of course, that I have seen the very best of us as members of SPE. To a person, you all have been nothing short of inspiring.

While the individual circumstances of upstream companies may vary, they all must take decisive action to pivot away from “business as usual” and instead, pursue new growth models.

The UK offshore Lancaster field was to prove that complex basement formations could be profitably developed. Instead, it is a reminder of how a long-term production test can drastically alter a reservoir model built upon years of exploration work.

The notion of reducing our environmental footprint, minimizing leaks and spillages, and identifying operational efficiencies is nothing new. We have been addressing these issues for years. Sustainability, however, has gained a higher profile recently.

The objective of the complete paper is to investigate and analyze energy-saving and process-optimization opportunities in upstream surface facilities, from downhole to the gas/oil separation plants (GOSPs), using a value-methodology approach.