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Field/project development
Report: “Simple” Well Spacing Calculations Are Inaccurate and Costly
Figuring out how far apart to place horizontal wellbores remains one of the biggest challenges facing the future of the shale revolution. One roadblock appears to be the way in which the sector has traditionally measured these distances.
Cybersecurity
The Saudi Oil Attacks Could Be a Precursor to Widespread Cyberwarfare—With Collateral Damage for Companies in the Region
The kingdom and the oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer-term fallout in the region, experts said, including those who have responded to incidents in the region.
Health
Documentary Explores Mental Health of Oil and Gas Industry's Commuter Workforce
A new documentary exploring men’s mental health in the oil industry takes a look at the toll that long hours and isolation can have on workers.
Environment
Ireland To Be Among First Countries To Phase Out Oil and Gas Exploration
Ireland’s decision to end fossil fuel exploration, which was announced by Taoiseach Leo Varadkar at the recent UN climate summit, means the republic is among the first countries in the world to get out of oil and gas production.
Business/economics
TechnipFMC, DNV GL Partner on Digital Twin Integrity Benchmark
The service company and independent verifier are aiming to develop a methodology for qualifying the integrity of digital twins, which they say will help level the industry’s varying technical definitions of, and expectations towards, the technology.
AI/machine learning
The Hidden Risk of AI and Big Data
With recent advances in AI being enabled through access to so much big data and cheap computing power, there is incredible momentum in the field. Can big data really deliver on all this hype, and what can go wrong?
LNG
Excelerate Energy Approved for Philippines Project
Located offshore the city of Batangas, approximately 2 hours south of Manila, the Luzon LNG project will include a fully integrated turnkey FLNG terminal, arranging the necessary supply of LNG and distribution of natural gas across the island of Luzon.
Oilfield chemistry
Bandwidth of Nanotechnology in the Oil Field Widens
Nanotechnology has great potential to reduce cost, increase production, and even improve the sustainability of E&P operations. But, where do we stand in terms of potential vs. reality? And, is the industry ready and willing to use the technology?
Asset Management
2020 SPE President Promises to Focus on Strengthening Organization’s Engineering Core
Speaking on the final day of ATCE 2019 in her home province of Alberta, Shauna Noonan unveiled the theme of her 2020 SPE presidency, “SPE Strong: Strengthen the Core.”
Field/project development
Norway Approves Valhall West Flank Startup for Aker
Aker BP expects the unmanned facility, a further development of the Valhall field in the Norwegian North Sea, to recover 60 million BOE. Startup is expected sometime this fall.
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