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It is clear the oil and gas industry recognizes the large uncertainty in which it operates. A search in the OnePetro technical paper database using the keywords “uncertainty” or “risk” returns more than 53,000 conference and journal papers.

As is often said, all of the easy reserves already have been produced. Long gone are the days when low-risk, low-cost wells were drilled, completed, and put on production for a quick payout.

One approach to refracturing involves the use of mechanical diverters such as perforation balls and rock salts, which may be useful for one stage; however, cessation of pumping operations results in these diverters falling out of the perforations or dissolving.

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.

An operator successfully executed two wireline through-tubing gas-shutoff (GSO) workovers in high-angle openhole-gravel-pack (OHGP) completions to isolate high-gas/oil-ratio (HGOR) zones, resulting in significantly increased oil production.

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.

One of the defining features of the 21st century will undoubtedly be the changing relationship between humans and automated machines.

A project to predict how much carbon dioxide injected into an oil field is likely to remain there forever set off the US Department of Energy (DOE) on a search for faster data analysis methods.

Expandable reamers were developed to improve efficiencies and reduce risk while drilling through problematic formations in deep water and other offshore wells, where wellbore stability is a major challenge.

Poor well performance and downhole failures have a significant effect on operator profitability. To combat this, operators spent nearly USD 10 billion in 2013 on time-consuming and costly well interventions to retrieve and repair completions hardware.