Testing page for app
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Fracturing reservoirs effectively can be like boxing. Moving in close enough to land a powerful punch often means a fighter has to take some hits. To effectively develop all the productive rock in a lease, new wells are drilled as close as possible to older ones, making frac hits inevitable.
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Obstacles remain to keeping offshore development competitive with its onshore counterpart. Can the industry advance technology at a pace where the subsea segment will see a resurgence?
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One of the largest presalt discoveries offshore Brazil has started producing oil. Libra field’s 1-year extended well test will provide technical data and cash for future development, which envisions three more FPSOs.
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Southwest Research Institute has developed a leak detection system to autonomously monitor pipelines for hazardous chemical spills. R&D Magazine recently recognized the system as one of the 100 most significant innovations of 2017.
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The CEO of Houston Mechatronics told an Aramco Innovation Day audience that robotics is at the same point that the Internet and online communication were at in the mid-1990s and will soon become “the iconic technology of this century.”
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Advancements in extended-reach drilling continue from the ExxonMobil-operated Sakhalin-1 project. The latest “super complex” horizontal well stretches 15,000 m, which partner Rosneft says is a “world record.”
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Oil and gas professionals may not consider solar power to be a serious threat, but it is poised to make serious inroads into the heating and cooling market.
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A computer scientist with the US Federal Bureau of Investigation says that oil and gas companies must do more to protect themselves from cyberattacks.
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The Extractive Industries Transparency Initiative has little impact on the US domestic oil and gas industry but has been transformative in some parts of the world. So why did the US pull out?
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SNC-Lavalin was recognized by the Rice Global Engineering & Construction Forum’s Award of Excellence for the fast-track installation of a 150 MMcf/D natural gas processing plant for production from the offshore Venezuela Perla field.