Issue: May 2015

Special Focus

What’s new in artificial lift?

Part 1: In this first of two monthly reports, the authors highlight innovations in beam/rod pumping, linear lift units, hydraulic piston pumps, hydraulic jet pumps, and more.

A wireless retrofit solution for replacing permanent downhole gauges

The North Sea’s Troll field, 80 km northwest of Bergen, is Norway’s largest gas reservoir.

Wireless acquisition system proves its worth on Kurdistan survey

A wireless seismic system offers a more efficient way to acquire data in challenging terrain. The system proved its capabilities on a record-breaking survey in Iraqi Kurdistan, facilitating seismic acquisition, despite a regional earthquake and armed conflict between the Kurds and ISIS.

ShaleTech: Canadian Shales

Drilling, LNG prospects face stiff headwinds

Regional Report: Latin America

Responding to falling oil prices, some Latin American governments push energy investment, while others slash E&P budgets.

Latin America’s prospects, and post-corruption Petrobras

Alvaro Teixeira is a civil engineer and geologist who worked 36 years for Petrobras on E&P projects in Brazil and abroad.

Low oil prices hamper Mexico’s deregulation, limit potential Cuban development

Mexico is the world’s 10th largest oil producer and has some of the largest reserves in the Western Hemisphere.

Statoil and China’s Sinochem invest heavily in Brazil’s Campos basin

Statoil Brazil, in partnership with China’s Sinochem, is betting $3.5 billion in the Campos basin. Statoil Brazil president Pål Eitrheim explained the company’s strategy to World Oil.

Web-based data management tool streamlines E&P analysis

Organizations in academia and industry support the development of new geological information tools to help geoscientists sift through huge quantities of data, and incorporate that data seamlessly into their workflow, leading to improved decision making and improving the odds of exploration success.

First oil

Climbing up the down cycle

Energy issues

Vexing questions

What's new in exploration

Modern oil and gas exploration is good for the environment: Fact

Drilling advances

Turn out the lights

What's new in production

Alaska oil money, onshore and off

Offshore in depth

Five years after Macondo, the industry is better prepared to respond

Oil and gas in the capitals

Despite lower crude prices, India’s ONGC goes ahead with ambitious plans

Executive viewpoint

Why I am a NOMAD

Innovative thinkers

Alexander Palynchuk: A lifetime of innovation

The last barrel

PESA’s non-industry speakers make excellent points
News & Resources

World of oil and gas

World of oil and gas

Industry at a glance

Industry at a glance

People in the industry

People in the industry

New products and services

New products and services

Companies in the news

Companies in the news
ShaleTech Report

Changing times usher in next phase for shale

It has now been 21 years since I attended the very first NAPE expo, a marketplace for buying and selling oil and gas prospects and producing properties.

Using data-driven modeling to understand multi-fractured, horizontal Marcellus completions

A data-driven, neural network model was developed to quickly and economically evaluate completion effectiveness for Marcellus shale wells. This model was used to identify significant opportunity to improve production for new wells by modifying completion and frac design. According to the model, geology and reservoir quality dominate Marcellus production. However, controllable contact and conductivity-related parameters are also significant. The number of frac treatments and the amount of proppant used in the completion rank first and second in significance. This is followed by perforation design, fluid volume and treatment rate.

U.S. shale oil: The great railroad revival continues

The Class 1 railroads are back in the U.S. crude oil business. Now, the hard part.

DOT agencies take coordinated actions to increase crude-by-rail safety

Perhaps the most significant, extensive changes in crude-by-rail transportation were made on May 1, 2015, by the U.S. Department of Transportation (DOT) and its agencies, the Federal Railroad Administration (FRA) and Pipeline and Hazardous Materials Safety Administration (PHMSA). The changes are contained in a “final rule” for “the safe transportation of flammable liquids by rail.”

Thriving in the Bakken during depressed markets: Lessons from the 2008 downturn

Starting with nine wells and ending with a $1.3-billion sale, the systematic application of engineering principles, guided by geologic analysis, creates success in North Dakota.

Fracturing efficiency gains in Horn River basin prove value for Nexen

Fracturing efficiency gains enabled Nexen to optimize its operations, and maximize its profits, in Canada’s Horn River basin. Logistical preparations for the remote nature of the site, an emphasis on the use of produced water, and switching to bi-fuel pumps resulted in significant operational savings.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.