Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
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Technology is an enabler. But why do some technologies get deployed while other seemingly superior technologies struggle to get traction? -
Colombia is walking a thin line between becoming another fading petroleum province and Latin America’s next big success story. Its aces in the hole: unleashing its nascent offshore and unconventional sectors.
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The growing popularity of model-based optimization work flows has resulted in an increase in their application to field cases.
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The complete paper discusses a study in which the authors propose a joint field-development and well-control-optimization work flow using high-performance parallel simulation and commercial cloud computing.
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The complete paper describes a physics-based model of interference and a sensitivity study to propose guidelines for well spacing and a drilling timeline for multiple horizontal wells in the Vaca Muerta shale.
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Occidental drillers and engineers figured out that it is faster and cheaper to reduce the weight on bit (WOB) than speeding ahead, which increased the risk of a breakdown and time lost for repairs.
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Australia's largest independent has commissioned production from its $1.9 billion offshore project. Greater Enfield is expected to produce 41 MMboe for Woodside, contributing to its targeted annual production of 100 MMboe next year.
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Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.
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The entrepreneurial ecosystem and the oil and gas industry are not a perfect match, but the industry has made strides in recent years to attract the startups developing innovative technologies that could usher it into a new era. How are companies bridging the gap?
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As companies have focused on giant capital investments onshore and offshore to drive growth, they have often focused less on field operations, especially OPEX. This represents an enormous opportunity to address profit squeeze by improving overall cost efficiency in oil and gas projects.
