Management
The organization has launched Industrial Services in an effort to support growing energy and infrastructure markets.
Spanish company Moeve has teamed up with Masdar and Enalter on the first phase of the Andalusian Green Hydrogen Valley, which aims to supply renewable fuels to hard-to-abate sectors.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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For decades, the industry has worked to realize the potential of gathering seismic data in wells. But it is a hostile environment for standard equipment. An inventor has developed a fiber optic system that can handle the heat, but he needs backers to see if it can deliver in the ground. -
In the kingdom of wet completion, Petrobras has just installed its first tension-leg wellhead platform, in the field of Papa Terra in 1190-m-deep water. It is going to be a revolution regarding how to operate such an installation and be able to produce the heavy oil of Papa Terra (14–17°API).
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Linhua4-1 was China’s first tieback subsea development project. To develop this marginal oil field, a number of technical challenges were overcome through a series of new technologies, and their successful development and implementation.
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Project management professionals need to revise the traditional methods of evaluating the efficiency and progress of major projects, if they want to improve their performance record.
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Deepwater capital expenditure is expected to more than double compared to the previous 5 year period. Douglas-Westwood also expects a continued trend toward exploration in ultradeepwaters in depths greater than 2000 m.
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The lifespan of a huge, old oil field in Oklahoma is now linked to a fertilizer plant 68 miles away. Chaparral Energy is capturing 45 million ft3/D of carbon dioxide (CO2) that had previously been vented into the atmosphere in Coffeyville, Kansas, compressing it, and sending it via a pipeline.
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Tests showing increased recoveries in the Bakken formation using CO2 could have significant implications for the upstream oil and gas industry.
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Much like a character in a novel, a young professional can build their career character.
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A condensed version of what is on the minds of SPE’s technical directors is: The industry needs multidisciplinary, data-driven ways to adapt to what is ahead, focus on what is critical for decision making, and take a long view as another generation takes over.
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The challenges in achieving effective communication between facilities and reservoir engineers were addressed during a dinner and panel session held during the SPE Annual Technical Conference and Exhibition in October.
