Asset Management
Speakers at ATCE said innovative technologies will play a critical role in balancing energy security, affordability, and sustainability in the years ahead.
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
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The growing popularity of model-based optimization work flows has resulted in an increase in their application to field cases. -
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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After the oil price downturn, operators placed renewed emphasis on spending discipline, in drilling, project costs, and balance sheets. For some, that was a different metric: return to shareholders over production growth.
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Technology is an enabler. But why do some technologies get deployed while other seemingly superior technologies struggle to get traction?
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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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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?
