Drilling
The deal expands TotalEnergies' exposure to US deepwater exploration acreage in the Green Canyon and Walker Ridge areas.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
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Schlumberger has won a $480-million contract to drill 96 oil wells in southern Iraq for the country’s Basra Oil Company and for ExxonMobil, which operates the giant West Qurna-1 field with partners from Iraq, Japan, Indonesia, and China. West Qurna-1 is one of the world’s largest oil fields. -
As the saying goes, the future is now. This is certainly the case offshore Norway, which represents one of the industry’s most influential test beds for impactful innovation.
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Another technology developer is trying to convince oil companies that they really do need more power and downhole data while drilling.
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The rig will drill an extended-reach well in the P9 Horizon field.
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Laboratory formation damage testing is often used to help select optimal drilling and completion fluids, but predicting the overall effect of formation damage on well performance requires further interpretation. Paper SPE 199268 presents a case for use of CFD to upscale laboratory data to quantify that effect.
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The qualification and first deployment of a low-solids, oil-based completion fluid that incorporates a newly developed, high-density brine as the internal phase to extend the density limit is discussed.
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Laboratory studies performed for evaluation of filter cake breaker fluid exposed limitations with a conventional test approach.
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The combined effect of formation and completion damage is the observed well productivity development with associated skin and productivity index. Completion damage has the potential to affect well productivity to the same degree as formation damage.
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Technology is advancing, and applications are growing, but scaling faces technological and human challenges.
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S13Cr tubing specimens experienced stress corrosion cracking with phosphate-based completion fluids contaminated with mud and oxygen, whereas formate-based completion fluid is compatible with the tubing.
