Issue: February 2020
Special Focus
U.S. on a downward trajectory as shale industry matures
Improved offshore activity, coupled with significant conventional oil development programs operated by NOCs, should push drilling marginally higher in 2020.
While attention is focused on the national elections, there are ominous policies gestating at the state and local government levels.
Canada re-adjusts to low prices, limited access
U.S. crude output surges,
overproduction wallops gas prices
U.S. reserves reach new record-high
Spending discipline slows drilling activity in shale plays
Global capex to grow moderately,
but less than last year
Columns
Sustainability: Are we moving too fast?
Oil, government change and a Chinese virus…
The silly season
OFS technology: The driver of energy transition
In an era of low oil prices, how do we break even?
Optimizing perforation cluster efficiency
2020—Had enough yet?
A mixed outlook seen for global upstream industry
Features
As wellbores and drilling operations have become more complex, drill bit development must keep pace to meet increasingly difficult performance requirements.
In today’s environment, the need to expedite wellbore construction has been supplanted by the requirement to drill boreholes more intelligently. A real-time wellbore guidance technology offers operators and service companies a means of improving precision and accuracy in wellbore placement.
Capital discipline reining in rigs, production
To solve complex issues related to developing deepwater reserves in the GOM, a common-sense approach utilizing appropriate technology enables operators to profitably capture critical dynamic reservoir data and increase ultimate recovery.
Short-term gains; long-term questions
Researchers at Texas A&M University have found that the presence of a fossilized organic substance called kerogen plays a vital role in how easily carbon dioxide can travel through shale reservoirs.
News & Resources