JPT May 2023 Issue
On the Cover
A giant pile of polymetallic nodules in the Hidden Gem’s hold collected during the integrated pilot collection system test in the CCZ. Source: The Metals Company.
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Monthly Features
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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition. -
Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required. -
The mid-sized completions service provider is betting that automation will boost the competitiveness of natural gas-powered pumps. -
The Offshore Technology Conference announces the 2023 recipients of the Spotlight on New Technology Award.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
Guest Editorial
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High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition.
President's Column
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Highlighting news on the recent SPE Board of Directors meeting in Saudi Arabia and SPE’s utilization of artificial intelligence now and its plans for the future.
Case Study
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Paraffin deposition on the meters measuring produced water volumes causes inaccurate readings. New technology solutions enable lasting accuracy in the place of routine maintenance that provides a temporary solution.
Comments
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As an indicator of the evolving global energy marketplace, recycled battery metals just earned their own spot pricing assessments for China and Europe.
SPE News
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The selection was made after a 6-month global search led by an SPE Board-appointed search committee.
SPE News
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An energy transition symposium was held in February in Washington, DC, to inform and engage policymakers and the policy community in the US capital from the perspective of the engineers and geoscientists who currently work to supply 60% of the world’s energy.
E&P Notes
The operator had been in communication with government about the future of the permits since 2020.
One new license holds the future location of the Gale exploration well.
Supermajor down, but not out of Brazilian exploration game.
The rigs will work in the Norwegian Sea and on the Johan Castberg field.
Italian company finds 200 million BOE with its Block 7 exploration well.
Norwegian oil company gets $220 million for 28% of the license.
People
People
SPE Technical Papers Available
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SPE technical papers synopsized in each monthly issue of JPT are available for download for SPE members for 2 months. These April and May papers are available now.
Deepwater Fields
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Considering the admirable perpetual transformation of the deepwater sector and the crucial impetus for change in the industry, the yearning for aggrandized and augmented innovative advancements is needed more now than ever.
Intelligent Operations
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The first paper selected for this Intelligent Fields Technical Focus presents the use of a unique artificial-intelligence technique from the fourth industrial revolution—dual heuristic dynamic programming—to address business opportunities associated with optimization.
Extended-Reach and Complex Wells
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The domain expertise and technologies in the oil and gas industry such as integrated project planning and operating, extended-reach drilling (ERD), high-pressure/high-temperature drilling tools, multilateral drilling and completions, geomechanics, flow and thermal dynamics modeling, and artificial intelligence have been fueling the ongoing march for new records on ERD…
Cementing and Zonal Isolation
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In 2022, the topics of the cementing and zonal isolation papers published were generally similar to those presented in previous years. A noticeable departure from previous years, however, was that many of the authors emphasized that their work would result in a reduction of greenhouse-gas emissions.
SPE Members: Access the free technical papers synopsized above through 30 June 2023. A PDF of the issue is also available for download.