Risk management
The 2026 Upstream Scale Guidelines establish a common workflow for field measurements, scale modeling, and risk assessment to support more consistent operational decisions.
This paper presents an approach for safe, efficient, and cost-effective legacy well reabandonment.
A shared digital mindset across subsurface, subsea, and drilling and wells is accelerating well planning at Vår Energi.
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The authors present a method to reduce uncertainty in EOR performance adaptively while identifying an optimal operational strategy for a given tolerance to risk. -
A subject field perhaps little known in the oil and gas industry is action science, a strategy for increasing the skills and confidence of individuals in groups to create organizations and to foster long-term individual and group effectiveness.
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Nontechnical risks, primarily around HSE or social responsibility, increasingly pose risks to project timelines. To manage these risks, companies are seeking systems that can ensure quality performance in these operational areas.
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Many business and digital corporations claim that between 100 billion and 200 billion devices could be connected by 2020.
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Failure to prioritize objectives and improper selection of candidate wells can have significant implications for both derived value and potential risk.
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Data mining for production optimization in unconventional reservoirs brings together data from multiple sources with varying levels of aggregation, detail, and quality.
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The Fast Drill Process has become a well-known work flow to identify hole-making limiters and mitigate them through redesign to the economic limit of performance.
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“Decision Making: What Makes a Decision Good,” was the topic of a recent webinar held by the SPE Human Factors Technical Section.
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Unconventional resources include coalbed methane, tight gas, and source-rock-based (often shale-based) reservoirs.
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Many companies are seeking 20% to 50% reductions in project costs. This level of capital cost reduction requires serious rethinking of the strategy for developing and executing projects.
