Monthly Features
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This article is the fourth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, David Reid, the CTO and CMO for NOV, discusses the evolution and current state of automated drilling systems. -
Oil and gas experts encourage human/AI partnerships that can “supercharge” capabilities to create competitive advantages. -
Casing deformation has emerged as a major challenge in China’s unconventional oil and gas fields, prompting the development of new solutions to address the issue. -
The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset. -
Bad vibes are being addressed by contractors as operators push to go faster, deeper, and longer with unconventional wells. -
As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.
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Low oil prices look like something the industry needs to get used to. “This will be with us for a while,” said Rex Tillerson -
The price declines for oil and natural gas are equally brutal, with roughly a 50% decline for both fuels.
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Bitumen is so viscous that the ultraheavy crude oil is often compared to peanut butter.
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Veros Systems is selling simplicity. The electric machine monitoring company promises accurate warnings of problems long before they occur, with a minimum of monitoring equipment to install.
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For the past quarter of a century, underbalanced drilling (UBD) has been a niche technology known to many and practiced by few. It has seen acceptance in the North Sea, where UBD is used to drill through depleted reservoirs.
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When it comes to fracturing, experts argue about many things, but they agree that fractures do not look like lightning bolts, tree roots, or shattered glass.
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After acquiring Berry Petroleum in 2013, Linn Energy became the operator of heavy oil fields in California’s San Joaquin Valley.
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There is talk about digital oil fields and big data and some striking examples of their power. But in real oil fields, a lot of operators are still running fields with systems relying on big paper.
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Janeen Judah is the nominee for 2017 SPE President and nine other members have been proposed as candidates to fill vacancies on the 2016 SPE Board of Directors.
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The annual OTC awards program recognizes 15 innovative technologies and showcases the latest advances in offshore exploration and production.
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