Asset Management
The latest energy survey by the US Federal Reserve Bank of Dallas once again reflected the direct impacts of the now 7-month conflict between the US and Iran. Oil and gas executives were queried on a range of topics that included the state of the US Strategic Petroleum Reserve (SPR), Persian Gulf crude exports, and the direction of oil prices.
This work introduces a novel predictive methodology combining historical metocean data with real-time riser analysis for shallow water dynamically positioned rig operations.
This paper presents an approach for safe, efficient, and cost-effective legacy well reabandonment.
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The new well results boost Baleine field volumes in place by 25%. -
The operator expects most of the field’s estimated 90 million BOE to be oil.
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The project comprises a pair of subsea wells tied back to the host spar.
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If successful, the production could be tied back to the nearby Gjoa platform.
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Target sands for the Beebei-Potaro well find water.
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Fast-track development options are currently under review for the discovery.
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The authors of this paper describe a holistic approach toward integrating alternative fuels and novel prime movers into life-cycle performance of offshore vessels.
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The operator believes the region has high potential for multiple hub-class targets.
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An automated detection application helped identify stringers early for an operator of a mature field in the North Sea while drilling multilateral wells through reservoir sections containing hard calcite stringers interspersed in sand formations with low unconfined compressive strength. The application guided drilling decisions that minimized invisible lost time and sh…
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This paper describes a novel distributed quasi-Newton derivative-free optimization method for reservoir-performance-optimization problems.
