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Expectations of continued USD 100/bbl of oil were shattered by a sharp price drop last year that eventually halved the prices of benchmark crudes. Prices were still sinking at the start of the year to lows not seen since 2009 due to a global oversupply of oil.

The Burgan reservoir consists of vertically stacked channel sands along with a fault network connected to the aquifer and contains highly viscous reservoir fluid.

The paper discusses two gas/condensate-development projects offshore Vietnam that deploy managed-pressure-drilling (MPD) technology.

It is clear the oil and gas industry recognizes the large uncertainty in which it operates. A search in the OnePetro technical paper database using the keywords “uncertainty” or “risk” returns more than 53,000 conference and journal papers.

As is often said, all of the easy reserves already have been produced. Long gone are the days when low-risk, low-cost wells were drilled, completed, and put on production for a quick payout.

Saudi Aramco’s upstream strategy aims to implement the intelligent field concept in all of its upstream operations by 2016–2017 so it can better understand reservoirs and improve efficiency.

A sharp decline in oil prices is pushing oil and gas companies to innovate to increase efficiency and prepare to meet the world’s long-term energy needs, panelists said at the International Petroleum Technology Conference (IPTC) held in Kuala Lumpur, Malaysia, in December.

Air drilling has become popular in the Marcellus and Utica shale reservoirs because of its higher rate of penetration (ROP) and less resulting formation damage.

This paper provides a review of recent technology advancements and addresses practical considerations associated with drillpipe and drillstem components for extreme drilling applications.

This paper describes the measures put in place so that the mooring system of the Gryphon Alpha FPSO could be replaced and reconnected on an efficient schedule.