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Exploration/discoveries

Turkey Announces Country’s Biggest Gas Discovery, Says More To Come

Seeking to become an energy producer, the Middle Eastern country is exploring for natural gas in the Black Sea and the Eastern Mediterranean Sea.

August 23, 2020 • Journal of Petroleum Technology
Field/project development

Field Development-2020

Field developers have shifted the usual approach to planning and operations to a “dare to try” approach, experimenting, piloting, and directly implementing from the start a digital transformation of their activities.

August 31, 2020 • Maria Angela Capello • Journal of Petroleum Technology
Business/economics

Gulf of Mexico Independent To Sell Off Assets in $1-Billion Bankruptcy Deal

In the region’s second bankruptcy of the month all of the operator’s assets will be sold to a private equity energy group, pending court approval.

August 23, 2020 • Journal of Petroleum Technology
Data & Analytics

Johan Sverdrup’s Digital Operations Drive Efficiency, Safety

The complete paper describes the development of the “digital field worker” at Johan Sverdrup, an initiative that has changed the approach toward not only construction and completion but also operations.

Locked
August 31, 2020 • Journal of Petroleum Technology
Enhanced recovery

Compositional Simulation, Artificial Intelligence Optimize Water Injection

The complete paper discusses optimization of a development plan involving low-salinity water injection.

Locked
August 31, 2020 • Journal of Petroleum Technology
AI/machine learning

AI-Based Decline-Curve Analysis Manages Reservoir Performance

Decline-curve analysis is one of the more widely used forms of data analysis that evaluates well behavior and forecasts production and reserves. This paper presents technologies that apply DCA methods to wells in an unbiased, systematic, intelligent, and automated fashion.

Locked
August 31, 2020 • Journal of Petroleum Technology
Production

UPDATE: US Gulf of Mexico Operators Restore All But 16% Of Region’s Crude Production

About 16% of US offshore production in the Gulf of Mexico remains offline after Hurricane Laura caused mass evacuations more than a week ago.

September 2, 2020 • Journal of Petroleum Technology
Sponsored

A Cost-Effective EOR Technique To Reduce Carbon Intensity With Polymer Flooding and Modular Skids

Polymer flooding increases the RF up to 20% at $3 to $6 per extra bbl of oil. It also contributes towards reducing CO2 emission by 3–6 times per bbl. It’s a proven technology with more than 300 projects worldwide. SNF offers modular plug and pump facilities connected to existing infrastructure.

Sponsored by SNF
Business/economics

The End Is Near for the Oil-Demand Surge

The V-shaped recovery for oil demand is likely to end up looking lopsided. The recent rapid rise in consumption is expected to stop before it gets back to the peak seen earlier this year.

August 25, 2020 • Stephen Rassenfoss • Journal of Petroleum Technology
Reservoir

Seismic Provider SAExploration Files for Bankruptcy Protection

The proposed restructuring plan aims to eliminate about $74 million of the company’s debt.

August 27, 2020 • Pam Boschee • Journal of Petroleum Technology

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