JPT March 2021 Issue
On the Cover
Real-time analysis of microseismic events during hydraulic fracturing can give engineers critical feedback. Now, advances in artificial intelligence may make pinpointing those events easier. Source: Getty Images.
Monthly Features
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Will the oil fields of today become the hydrogen fields of tomorrow? Calgary-based Proton Technologies says this is possible and hopes to prove it soon after inking multiple licensing deals with other oil and gas companies. -
Technology is advancing, and applications are growing, but scaling faces technological and human challenges. -
Algorithms are taking over the world, or so we are led to believe, given their growing pervasiveness in multiple fields of human endeavor such as consumer marketing, finance, design and manufacturing, health care, politics, and sports. The focus of this article is to examine where things stand in regard to the application of these techniques for managing subsurface en… -
Artificial intelligence is opening new ways to analyze data from microseismic events that occur during hydraulic fracturing. One researcher at Moscow’s Skolkovo Institute of Science and Technology is building a convolutional neural network to get a subsurface view of permeability after fracturing.
Guest Editorial
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Understanding the impact of oil and gas operations and embracing transparency around data better equips companies to take transformative action and “bounce forward” rather than back. The increased speed in realizing actual value delivers benefits to the bottom line, now and in the energy future.
President's Column
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As individuals and as an industry, we need to focus on the essentials. Our industry is on a shakedown cruise like no other in our history.
The drilling program is the first exploration well to be drilled in production license 785 S.
The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.
The Gulf of Mexico discovery, a product of infrastructure-led exploration, boasts 100 million bbl of gross potential.
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With all permits, personnel, and equipment in place, Zion is set to operate the well.
The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
The $2.59-billion deal advances BP’s effort to divest $25 billion of its global proceeds by 2025.
Since 2000, Brazilian Petrorecôncavo, which specializes in revitalizing mature onshore fields, has performed operations and project implementation services in most fields of the Remanso Cluster.
The $533-million field has a production capacity of 27,000 BOE/D and estimated reserves of 1.2 billion BOE.
After struggling for years to attract investors and develop its oil-rich fields, the kingdom will extract oil discovered in the Gulf of Thailand in 2004.
Technology Focus
