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Sustained low oil prices have not yet had a significant effect on many universities’ research and development programs. For now, money allocated by the oil and gas industry in previous years is still available for many institutions.

The chief technology officer tells why he is optimistic about the current oil price situation, how the market downturn could be an ideal opportunity for innovation and slashing costs, and what major technology trends will be expected in the near future.

New seismic data gathering techniques promise better images for less by gathering more data quicker, seeing past obstructions, and seeking out scarce frequencies.

A panel of experts says US shale producers need to rethink their drilling and completion designs as problems mount for horizontal wells when they go on pump. Hanging in the balance is whether long-term production from many shale wells will be achievable.

While some standardization makes sense, it is important for the industry to implement cost-effective supply chain practices to efficiently deliver customization when it improves efficiency and increases production.

As economic considerations become increasingly important and the price of oil commands decisions in relation to facilities adaptation to cater to new production schemes, it is important to know the new field development trends, grounded on integration and technology.

The big data approach will allow new types of data-driven models to bypass traditional bottlenecks. It is also expected to lead to different views of standard models, thus providing new and valuable insights in the process.

A tight gas carbonate reservoir with no oil rim in a supergiant onshore gas field in Abu Dhabi was targeted for stimulation during a field review to increase field production.

To understand production from shale reservoirs, the role of hydraulically induced fractures, natural fractures, and their interaction in a formation must be captured.

An 18-well numerical-simulation model was built to represent an operator’s Lower Shaunavon waterflood-pilot area. Numerical simulation was used, and a history match on the pilot area was performed.