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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.

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.

To help lower costs of offshore projects, DNV GL has launched initiatives focused on the use of composite components.

In drawdown management, operators can exert control over the downhole flow pressure, reservoir pressure, and choke size to avoid estimated ultimate recovery (EUR) losses.

Cyber threats have expanded beyond data breaches and the theft of intellectual property. Drilling and production assets are at risk of being disrupted or destroyed due to vulnerable control systems.

ExxonMobil’s latest long-term energy outlook paints a generally robust picture for oil and natural gas despite the steep fall in hydrocarbon prices and cuts in capital spending.

There is widespread acceptance that extraction industries—including oil and gas—improve people’s lives and enable the economic growth of countries. However, at the project level, this acceptance is neither automatic nor unconditional.

The SPE Trinidad and Tobago Section recently hosted an Applied Technology Workshop (ATW) on oil and gas effluent discharge management that brought together those responsible for generating effluent discharges, regulators, and those creating treatment technologies