Testing page for app

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 complete paper focuses on sources of produced water from conventional and unconventional onshore oil and gas operations and addresses the challenges and opportunities associated with reusing the produced water.

A global trend has developed toward the application of risk-based assessment (RBA) techniques for managing environmental risks and considering potential effects of produced-water (PW) discharge.

The complete paper discusses a new performance-evaluation methodology that combines bottomhole assembly (BHA) modeling with field data.

Sustainable water management should encompass current management of water resources as well as its potential effect on the future. Sustainable water management in oil and gas is a journey that will need approaches from many perspectives.

The complete paper discusses the steps taken by Repsol in Peru in accordance with its environmental strategy to become certified for the Blue Certificate granted by ANA to companies that efficiently manage water in their operations and manage shared-value projects with their stakeholders.