JPT October 2024 Issue

Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…

In this vodcast and column, Olivier Houzé explores the polarized views among SPE's members about the energy transition, highlighting the geographic and demographic differences. He examines historical perspectives on energy transitions, evaluates future scenarios, and discusses how SPE can adapt its mission to stay relevant.

The industry’s vast untapped data resources have the potential to change how our industry works—if we can piece it together

The Energy & Environmental Research Center in North Dakota outlines the difficulty that the oil and gas industry faces in pinpointing sources of H2S production.

These papers underscore the need for strategic adaptation of automation systems to the specific challenges of offshore environments. The success of predictive machine learning in this context depends on its ability to offer measurable financial benefits, improve safety, and drive operational efficiency.

Summer blockbuster season has passed, but it’s always nice to grab a bucket of popcorn and escape reality with a movie. Some movies even teach lessons—as in, sometimes it takes hard work and incremental improvements to advance.

Data analytics practitioners in the industry have reexamined existing workflows and realized the substantial benefits that artificial intelligence brings, including increased efficiency and expedited turnaround times.

Drilling longer wells, increasing the number of fracture stages, and completing multiple zones in complex stacked reservoirs, along with optimizing multilateral wells with sand control to enable long laterals in stacked reservoirs, have emerged as key focuses of the industry.