Risk management
The advancement of the oil and gas industry hinges on its ability to transform digitally by applying high-quality data to illuminate its path forward.
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Improve modeling accuracy and reduce the risk of unplanned downtime. By eliminating the need for multiple applications, complete more accurate comprehensive pressure safety studies faster.
An Energy Industries Council survey of nearly 100 energy supply chain leaders finds that a lack of "consistent and profitable work in green projects" prompts a return to oil and gas projects.
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The authors of this paper describe a software technology that balances calculated well-integrity risk with the associated financial impact for an entire integrity-surveillance program.
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This study evaluates well integrity and CO2-leakage risk in wells penetrating a CO2 storage reservoir in Malaysia.
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The Railroad Commission of Texas is inspecting injection wells in the Gardendale Seismic Response Area where a magnitude 5.3 earthquake and multiple aftershocks struck.
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After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
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High prices have predictably led to production booms that end in busts. But in this cycle, the focus has shifted from production growth to cash flow growth.
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Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
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Data from Sphera’s latest Safety Report reveals a persistent gap between the intent and reality of process safety management, while environmental, social, and governance concerns are a growing consideration for process-safety management and operational-risk management professionals.
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Many leaders commit to the aspiration of no harm to people, but they may need help on the substance and actions that will make a difference. The authors share their insights gained from decades of robust experience in safety culture and performance improvement and where it succeeds or fails.
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SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section.
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Baker Hughes sees opportunity to capitalize by bundling smaller intervention campaigns.