Risk management
With funding opportunities improving, developers and researchers are focused on shortening project learning cycles and reducing uncertainty to attract more capital and speed deployment.
The latest edition of ISO 20815 extends the petroleum industry's production assurance and reliability management framework to carbon capture, hydrogen, ammonia, and wind assets.
Panelists at the SPE Subsea Well Intervention Symposium discussed where AI is delivering value today, where risks remain, and how engineers can best determine its usefulness.
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Regulators told some injection well operators close to the epicenter of a magnitude 4.0 earthquake that they will have to shut down their operations indefinitely. -
A recent report released from the National Academies of Sciences, Engineering, and Medicine shows improvement in measurement and management of systemic risk in Gulf of Mexico oil and gas operations but adds that progress lags in some areas.
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SponsoredImprove modeling accuracy and reduce the risk of unplanned downtime. By eliminating the need for multiple applications, get more accurate and comprehensive pressure safety studies faster.
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This paper details experiences gained while developing a novel technology-driven approach to risk assessment methodologies such as process hazard analysis, hazard identification, and hazard operability in oil and gas.
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Federal infrastructure law gives states financial incentive to remediate orphan wells.
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The recent Permian Basin earthquakes in Texas are keeping producers, regulators, and service providers busy in their quest to reduce the intensity and frequency of the induced seismic events.
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Early commitment to new energy projects can jeopardize their chances of success. Understanding and mitigating the risk of these projects is key to their success.
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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.
