Testing page for app
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“Well integrity” and “digitalization” have become buzzwords in the oil and gas industry. How do we measure well integrity in the most effective manner? To start with, we need to know what is in the well.
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Companies are bringing satellite monitoring to the unconventional oilfield—namely the Permian Basin—where they are training machine learning models to track and predict drilling and completions work.
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If the shale sector’s most complex problem can be solved, it will require companies to use their wells as a team. Newly detailed field work shows that a good defense is the key to success.
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Any entity assessing project viability at any stage of the exploration-to-production life cycle must ensure an evergreen examination of the commercial likelihood on the basis of an ongoing data analysis, refining development synergies coupled with strategic reframing as required.
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This new conceptual framework for capital-allocation management, known as advanced risk and capital-allocation management (ARCAM), aims to synchronize risk, strategy, and capital decision modeling to provide better visibility of future performance of capital-investment opportunities.
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In the clustered-development approach, the geologic dependence between prospects is combined with the aggregation of prospects to determine the economic viability of a grassroots development offshore.
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The objective of this case study is to describe a specific approach to establishing an exploration strategy at the initial stage on the basis of not only uncertainty reduction, but also early business-case development and maximization of future economic value.
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Creativity and innovation have long characterized production and facilities, and this year is no exception. The economic challenges of the oil industry clearly have provided a strong stimulus for even more creativity and innovation.
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Produced water has been an albatross around the neck of operators for a long time. Efforts to solve its challenges have been extensive and continue to evolve. These efforts can have a strong effect on the profitability of an operation.
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This paper aims to provide an introduction to the early management of downhole produced water in strong waterdrive reservoirs using inverted electrical-submersible-pump (ESP) technology.