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The future of technology in the global energy industry will be driven by cost pressures, the scope of government regulation, and increased digitization

With the recent drop in oil prices, operators are shifting to optimization of existing assets with minimal costs. For mature floods (water, chemical, and CO2), one low-cost optimization strategy is the intelligent adjustment of well-rate targets.

As oil companies struggle with the collapse in crude prices and industry upheaval, assessing the future of exploration and production (E&P) in specific countries requires a longer term vision of a market in which prices will have stabilized and rebounded to a level yet undetermined.

Decision making in uncertain environments is key to the successful delivery of oil and gas projects. By definition, however, uncertainty is ambiguous and unpredictable.

To survive in the current low-price environment, exploration and production (E&P) companies must better handle the complexities inherent in their projects through practices that promote capital effectiveness and collaboration.

Electrical submersible pump (ESP) systems are critical to achieving the maximum production rates and reservoir pressure drawdown that improve ultimate recovery. But variable volumes of gas in unconventional wells can pose challenges for performance of the ESP.

Wellbore position is computed from survey measurements taken by a measurement-while-drilling (MWD) tool in the bottomhole assembly (BHA).

Cementing is central to the discussion of zonal isolation and well integrity.

Saudi Aramco operates a large offshore oilfield development that has driven achievements in multilateral and extended-reach directional wells.

Eight of the world’s 10 longest wells have been drilled by ExxonMobil as operator of the Sakhalin-1 project in Russia.