Monthly Features
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Oil prices are high, but spending has not caught up—yet. Meanwhile, exploration strategies are changing around the world toward a lower-risk model, and the frenzied pace of US M&A has very much cooled off.
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This case study outlines a full-scale testing program focused on the behavior of thermal casing connections subjected to severe bending and low-cycle fatigue loading.
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Disposal wells remain the lowest-cost solution for produced water, but concerns over seismicity and long-term sustainability are accelerating interest in alternatives.
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With millions of wells having been drilled in the US since the beginning of the oil age, the land is pocked with old, unused wellbores. For most, repurposing is a pipe dream. Plugging is the best option.
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This case study from Malaysia’s Petronas outlines a comprehensive review of perforation-charge testing across various tubular and reservoir conditions to help improve production from complex downhole scenarios.
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This case study presents the first field deployment of acoustic fracturing analysis to evaluate perforation efficiency and implement real-time interventions during pressure pumping.
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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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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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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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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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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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SPE’s technical directors are focused on problems that require working outside the bounds of their discipline.
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