JPT September 2023 Issue
On the Cover
Price tag, oil demand expected to scuttle newbuild deepwater rig plans. Source: Transocean.
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Monthly Features
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New studies are a reminder that the effort to identify, classify, and nullify frac hits remains paramount to the future of the unconventionals business. -
Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner. -
The heated global floating rig market has day rates for high-end units climbing over a half million dollars and toward a newbuild cycle that will (likely) never come. -
Lebanon hopes to join the club of EastMed gas producers as TotalEnergies and its partners spud an appraisal well near Beirut’s maritime border with Israel where gas is already being produced.
President's Interview
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In this inaugural podcast episode and transcript, Terry Palisch, who will officially begin his 2024 SPE presidency in October, discussed his views of the challenges facing our industry and SPE members, his outlook for our industry, and what his goals will be during his presidency.
Guest Editorial
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While innovative solutions are being examined for decarbonization, there is one topic that is rarely emphasized as a key driver in the path toward a more-sustainable future—brownfield optimization.
Case Study
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Over a 10-year period, sensors monitoring the motion and loads near subsea wellheads have been mounted on more than 300 drilling campaigns. Integrity parameters were calculated to assess whether subsea conductors provided the intended amount of support during drilling operations. In several of these campaigns, loss of conductor support due to integrity issues was obse…
Comments
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ATCE is right around the corner, and it’s time to make the most of the many opportunities to learn about current applications and emerging technologies.
E&P Notes
Additional milestones reached could add $14 million to purchase price.
Challenges to development, including costs, cited as reasons for turning back the acreage.
Wellesley estimates that the drilling campaign has proved a developable gas-condensate accumulation of 60 to 100 million BOE.
The Uganda oil project envisions drilling more than 450 wells on 35 well pads, leading to an estimated production of 230,000 BOPD at its peak once production starts up.
The next phase of drilling is expected to resume in mid-2024 and includes several sidetrack wells, long-reach directional wells, and stratigraphic exploration wells.
Jackup rig Borr Norve has started drilling operations on the project’s fourth production well, DHIBM-6H.
The discovery in Putumayo could benefit from nearby existing infrastructure.
Mukuyu-1 sidetrack proves a working hydrocarbon system in the Cabora Bassa basin.
The Anita Garibaldi was built by MODEC and will produce Marlim and Voador together with FPSO Anna Nery, already in operation.
People
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An SPE member since 1967, he passed away 27 July at the age of 81.
People
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An SPE member since 1981, he passed away 3 July at the age of 66.
People
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This section lists with regret SPE members who recently passed away.
SPE News
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The Data Science and Engineering Analytics Technical Section has been selected to receive the 2023 Presidential Award for Outstanding Technical Section.
SPE Technical Papers Download
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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 August and September papers are available now.
Reservoir Surveillance
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While rapid production growth comes with proportional risks, it becomes crucial for reservoir surveillance engineers to quickly identify, derisk, and mitigate subsurface performance uncertainties. In this demanding scenario, the need for high-frequency reservoir performance surveillance is more critical than ever. Fortunately, advanced technologies have emerged as a r…
Field Development
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The selected papers and suggested additional reading provide valuable insights into the evolving field of development optimization using physics-based simulation models and machine learning.
Offshore Facilities
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Green hydrogen (i.e., hydrogen produced through electrolysis using electricity generated from the likes of wind turbines and solar panels) is growing rapidly in popularity as a successor to hydrocarbon fuel. … It is worth noting that hydrogen does have some issues, which, to be fair, have yet to be overcome.
Oilfield Chemistry
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The technical arena of oilfield chemistry, both that of the natural downhole environment and that of chemistry introduced downhole, provides a rich testing ground for advanced uses of data. Whereas early uses of data in the upstream chemical space included use of design of experiment for vetting or developing new chemistries, today, data analytics enables, for example…
SPE Members: Access the free technical papers synopsized above through 31 October 2023. A PDF of the issue is also available for download.