Monthly Features
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Drilling experts recently shared candid views on what will be required for their segment of the upstream business to move to the next stage of development. -
EQT is benchmarking its way to basin-leading productivity and relying on partnerships and new technology to turn KPIs into operational reality. -
This case study from Italian technology developer Sentris highlights the effectiveness of using sensors during pigging operations to optimize cleaning efficiency. -
Experts and industry leaders gathered in The Woodlands, Texas, recently to sift through the challenges of carbon capture, utilization, and storage. The puzzle is coming together, but some critical pieces are still needed before the results look like the picture on the box. -
Two examples from ONGC show how supervised AI-driven automation scaled well modeling across hundreds of offshore wells, saving more than 1,000 engineering hours. -
Examples demonstrate how an Integrated Operations Center as a Service (IOCaaS) model, powered by artificial intelligence, reduced costs by 5% and increased production by 6% in Canada.
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The volatility of oil prices facing companies will be among the challenges addressed at the conference. A new event called d5 aims to spark creativity and innovation in the industry. -
Case studies from around the world prove that big rewards await companies that optimize the artificial lift systems keeping their mature fields alive. The success stories involve a mix of monitoring, automation, and performance tracking.
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The US government is working on regulations to reduce oil industry methane emissions by more than 40% over the next 10 years.
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For Abu Dhabi, research and development (R&D) provides an opportunity to facilitate the country’s transition from a hydrocarbon-based economy to a knowledge-based one and Abu Dhabi’s decision makers know that partnership and collaboration between companies and academia is key to R&D success.
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Europe’s largest onshore oil field, the Patos-Marinza in southern Albania, has been given a new lease on life after seeing production soar from 600 B/D just over a decade ago to more than 20,000 B/D this year.
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Created by the Institute for Energy Technology in Norway in 1979, Olga was the oil and gas industry’s first transient multiphase flow model. A source of national pride, the program has been declared one of the country’s most important innovations in recent decades.
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In the realm of enabling technologies, multiphase flow modeling has proven to be one of the most important to the oil and gas industry. Without it, nearly all subsea wells would be too costly or dangerous to develop.
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Expectations of continued USD 100/bbl of oil were shattered by a sharp price drop last year that eventually halved the prices of benchmark crudes. Prices were still sinking at the start of the year to lows not seen since 2009 due to a global oversupply of oil.
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Saudi Aramco’s upstream strategy aims to implement the intelligent field concept in all of its upstream operations by 2016–2017 so it can better understand reservoirs and improve efficiency.
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A sharp decline in oil prices is pushing oil and gas companies to innovate to increase efficiency and prepare to meet the world’s long-term energy needs, panelists said at the International Petroleum Technology Conference (IPTC) held in Kuala Lumpur, Malaysia, in December.
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