JPT June 2021 Issue
On the Cover
Technologies and methods that didn’t exist 5 years ago are now part of the toolbox that operators are using to reach for the brass ring that is real-time optimization at scale. Source: Rafe Swan/Getty Images.
Guest Editorial
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Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.
President's Column
The most challenging aspect of creating a monthly column is to try to balance mission (i.e., long term strategy), contemporary events (i.e., things happening now), and the urgent (i.e., news you need to know). This column will have a bit of all three.
Monthly Features
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“What is the drilling state” has become an important question among data scientists and automation experts. The simplest definition of a complicated concept is that it is what the driller is doing at the time. -
Case studies demonstrate how an autonomous outflow-control device prevents growth and excessive fluid injection into thief/fracture zones and maintains a balanced or prescribed injection distribution. -
Can a camera on the drill floor, or one on a mobile phone, measure what is going on during drilling or evaluate drill-bit wear more consistently than a human? -
When Hess, Halliburton, and Nabors sat down to create a single plan to stream on the driller’s display, they needed to work out a lot of differences, including the definition of the word "activity." -
It won’t happen overnight, but a growing number of US shale players are taking important steps to bring more automation and stage-level decision making to the hydraulic fracturing process in tight reservoirs. -
As European majors push hard and fast to decarbonize energy and move into new and renewable sources, US majors are focusing on cleaner, more efficient hydrocarbons. Which approach and which companies will gain the upper hand? -
SPYDR, MetaRock team up with Pioneer Natural Resources for a pilot program in the Permian Basin to test real-time fluid monitoring.
This section lists with regret SPE members who recently passed away.
New round part of the nation’s multi-year oil and gas licensing strategy.
Operator will use polymerized water into reservoir to boost oil and gas recovery.
Latest resource is the fifth gas field begin gas production for bp in the West Nile Delta.
Karoon Energy will put the rig to work in its Baúna field.
Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
New well on the field is slated to begin drilling in late 2021.
The Green Canyon Block 21 well has underperformed flow expectations since commencing production.
Venture targeting analogous sands to adjacent Suriname discoveries.
Drillship will be used on the third phase of BC-10 activity.
Oil from the Santos Basin has been postponed due to delays with the production system.
Discovery near field’s northern reaches will be fast-tracked for production.
Three wells planned, including a Hibiscus Extension well.
The scale of the recent Colonial Pipeline ransomware attack demonstrates why cyber risk should be assessed as a business risk by organizations’ C-suite, going beyond the narrower view of IT/OT network risk.
Fourteen technologies from 14 companies around the world were selected, including five companies receiving small business recognition.
The association is recognizing this milestone throughout the year.
Technology Focus
