Testing page for app
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This paper presents experimental research in which a significant fracture-pressure increase was achieved in shale and the predominant wellbore strenghtening mechanism was identified.
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The oil- and gas-production industry has experienced dramatic price swings over the past year. Crude-oil (spot) prices have varied from more than USD 120/bbl to less than USD 40/bbl since the third quarter of 2014.
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SPE's 2015 round of winners has been announced for the Henry DeWitt Smith Fellowship, the SPE Foundation Gus Archie Scholarship, and the Imomoh Scholarship.
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Low oil prices translate to a rapid drop in production. They will also lead to a series of secondary effects such as debt defaults from deflation, loss of jobs, collapse of oil exporters, and loss of credit needed for exports. These will eventually lead to a rapid decline in oil production.
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The oil price cannot be USD 20 for any long period because we cannot produce enough oil to feed the world at that price. But if the price of oil is based on supply and demand, how could it fall to USD 20 at any point in time?
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Nontechnical risks, primarily around HSE or social responsibility, increasingly pose risks to project timelines. To manage these risks, companies are seeking systems that can ensure quality performance in these operational areas.
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Many business and digital corporations claim that between 100 billion and 200 billion devices could be connected by 2020.
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Telok is a gasfield development in the Malay basin offshore Terengganu, Malaysia. This paper discusses the program learnings and operational improvements captured while completing eight new wells in 2012 and 2013.
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A data-driven approach to successfully analyze and evaluate production-fluid impact during facility system divert events is presented. The work flow effectively identifies opportunities for prompt event mitigation and system optimization.
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Many of us have been so busy chasing the next well and the upcoming job that our skills in the area of optimizing our completions may have become a little rusty. Now is a great time to knock off that rust and revisit our best-laid plans.