Issue: April 2020

Special Focus

Unique application of digital technologies improves operational efficiency

Augmented and virtual reality systems reduce rig time usage and mitigate uncertainties, while improving accuracy of rig surveys for offshore solids control and fluid management installations.

Know what is in your wells: A practical way to manage well integrity in the digital age

Operators are using cloud-based well barrier illustrations, with the two-barrier philosophy, as the logical starting point to manage their well integrity and reduce risk.

World Oil analysis: Texas Railroad commissioners face difficult decision on prorationing

The three Railroad commissioners are faced with what may be the major decision of their professional lives—whether to prorate or not. And, in tandem, the fate of many industry companies and individuals’ jobs could be hanging in the balance.

Guest Commentary: Railroad Commission can help to solve overproduction in tandem with other entities

World Oil survey: Texas E&P professionals favor prorationing by wide margin

Railroad Commission of Texas (RRC) Chairman Wayne Christian’s sudden April 29 declaration against prorationing appears to run counter to what a majority of Texas E&P professionals would like the agency to do on May 5, according to results of a new World Oil survey.

Executive viewpoint

We must move toward our energy future, not retreat to the energy past

Drilling advances

One word

What’s new in exploration

The sky is falling or contango?

Oil and gas in the capitals

Norway facing crises

First oil

A wave of change rolls forward

What’s new in production

And the winner is…

The last barrel

How about some good news?

Oil’s strategic value invites government intervention


The journey to net-zero emissions LNG

It has become clear that achieving emissions targets and meeting the world’s growing demand for power will require a mix of generation from cost-competitive renewables and cleaner-burning hydrocarbons—most notably natural gas.

Shaletech: Permian Basin Shales

Price rout, pandemic add exclamation point to uncertain future

World Oil editorial: The market reality API doesn’t “get”

Extremely difficult oil market conditions demand very creative, flexible solutions to counteract predatory actions by state actors and protect infrastructure. This is particularly true in the U.S., yet one industry association seems to be working overtime to stifle discussion of some potential remedies.

Editorial opinion: A reply from API

On April 7, World Oil posted an editorial, which discussed the potential for the U.S. government to take action in the oil market, and API’s role in the situation. Here, now, is API’s response.

Toward a net-zero future: Decarbonizing upstream operations

To operate a well is to operate responsibly—but more must be done on sustainable design and balanced portfolios to achieve a net-zero future.

Regional Report: Gulf Of Mexico

Gains, losses and a world on edge

Newfoundland works to stay on track with projects

Coronavirus and crashed oil prices have had an effect on the province’s activity, but operators continue to try to press forward on a number of projects.

Gyro technology improves wellbore accuracy, reduces survey times in offshore operations

Wellbore placement accuracy remains critical to successful offshore operations, particularly where there is a high risk of wellbore collision. Companies implementing gyro technology can mitigate such risks and improve the separation factor between their wells.

Shale producibility index helps operators determine best zone for landing horizontal section

A new producibility index, which identifies light/heavy oil components in tight-organic shale reservoirs, can be used to determine the best horizon to land a lateral section to improve ultimate recovery.

Electrification of subsea systems drives life-of-field value

John Kerr, Baker Hughes' vice president, engineering and technology, oilfield, discusses the operational and financial benefits of electrifying subsea systems.

Seismic toolbox reaches deep into data to identify hidden intricacies

New algorithms, from an innovative seismic toolbox, generate a different approach to stratigraphic and structural event studies by combining large datasets, to identify hidden trends and subtle changes around geologic features.

World Oil editorial: Oil market meltdown—what does it take to get action?

What does it take for both U.S. federal and Texas state regulators to intervene and take action? There has been enough diddling around for weeks on end by both groups.
News & Resources

New products and services

High-torque, high-flow drilling motor completes longer laterals faster, with greater control

Companies in the news

Industry at a glance

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