Monthly Features
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C. Susan Howes is the nominee for 2027 SPE President. She and four others make up the new slate of nominees recommended for positions open on the SPE International Board of Directors. -
In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE. -
Advanced tracer technology was deployed in Oklahoma to analyze production across lateral well sections. -
Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields. -
An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them. -
After 5 years of in-depth diagnostic research, the Oklahoma City-based operator shares more insights on fracture behavior.
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On the edge of the Arabian Desert, a megaproject located above the Arctic Circle was given the IPTC Excellence in Project Integration Award. -
After 4½ years out of service, the massive Wafra oil field is set to resume production soon, and ensuring a smooth restart is no small order.
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Produced water is an inevitable byproduct of oil and gas production. The use of online oil-in-water monitors plays an important role in the management of produced water.
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Production data from the oldest horizontal wells in the three largest oil plays in the US show that annual decline rates remain relatively high for a long period of time. This challenges assumptions held about production after 5 years and directly affects reserve and ultimate recovery estimates.
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Rigs drilling faster earn less money per foot because they are contracted by the day. But at least they are still working. Now service companies are developing new rigs with more automated functions, and want increased rates based on the productivity gains achieved.
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Oil companies are considering whether shutting in a well for a month or so may mean stronger production later by allowing more time for water to soak into the rock, which gets it out of the way of the oil and gas. But this is not always effective, and additional work is needed.
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Hess is testing whether it can drive drilling improvement by combining drilling rigs equipped with automated functions and humans determined to find a way to beat the programmed drilling.
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The shale sector is seeking answers to a complex issue involving casing deformations that block access to long sections of a lateral. As opposed to frac hits, this rising problem is considered to be an intrawell phenomena.
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Integrating sustainability in the core business is not a quick fix but a complex journey that touches all parts of the business and requires new ways of alignment and cooperation. Safety has gone through similar challenges, and we can learn a lot from that journey.
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Heavy production spiked in two Canadian wells heated by an electric cable, but it is hard to find customers there at a time when Canadian oil prices and customers remember cables in the past that died young.
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