Asset Management
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
Aramco says it has saved $770 million over the past 3 years from the $70 million it has invested over the same period in corrosion management technologies.
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The inaugural SPE Workshop on CCUS Management in China was held in April in Qingdao. The workshop highlighted recent advances and technical challenges in CCUS management and attracted 104 attendees representing 19 organizations from eight countries.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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The new AIQ ownership structure will see Presight acquire 51% shareholding, with ADNOC retaining 49% and receiving a 4% stake in Presight. AIQ will continue to operate as a standalone company.
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Updates about global exploration and production activities and developments.
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
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This paper described the use of digital twin technology to identify design modifications required at an onshore site and visualize proposed offshore assets for a Trinidad and Tobago development.
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Intelligent technology plays a role in applications ranging from design to completions to data management and most points in between. However, this feature topic is devoted to SPE papers that discuss system-oriented innovations to increase production, reduce costs, and decrease risk.
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This paper describes the engineering design and operational execution practices that supported setting of a new extended-reach world record in a mature carbonate field offshore Abu Dhabi.
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Operators are turning the tide on the Lower Tertiary trend with increasingly large stimulations that are also pushing the limits of offshore technology.