Search results for:

Past experiences with problematic situations often drive the decision-making process, and while experience may be helpful, it can also lead to the development of biases that hamper an organization’s ability to manage dynamic environments such as unconventional projects.

The addition of a hydrocarbon condensate to steam operations in heavy-oil and bitumen reservoirs has emerged as a potential technology to improve not only oil recovery but also energy efficiency.

Chemical enhanced-oil-recovery methods such as polymer and alkaline/surfactant/polymer (ASP) flooding are generally not considered suitable for oil viscosities greater than 100 or 200 cp.

There is no shortage of ideas for reducing the cost and risk of offshore oil and gas developments. The hard part is implementing them in an industry where they require changes in long-standing habits, corporate cultures, and some new technology.

The global industry is feeling the pain of the oil price plunge, but the UK feels it more acutely. Exploration drilling is at rock bottom levels, the offshore UK Continental Shelf is one of the world’s most expensive from which to produce a barrel of oil, and investment spending is expected to fall.

Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.

In a down market, plugging and abandoning North Sea wells looks like an opportunity. The cost for operators is reduced because the government is paying more than half of the cost of the work, and many service companies hungry for work are offering discounts.

Acquiring new 3D broadband seismic data of a gas field containing legacy 3D conventional towed-streamer seismic data.

A refracturing campaign in the Permian yielded a production gain that allowed payback on the investment within 6–12 months.

A pilot project carried out by Hess demonstrates how quickly automated drilling technology is able to take a rig from the bottom of the pack in terms of performance and push it to the top.