Issue: March 2021
Features
Well, it didn’t take any time at all for the Biden Administration to show its true colors in dealing with oil and gas matters in Alaska.
By utilizing major components from a DCTD BHA, a lateral can be re-entered on the first attempt, and a full downhole measurement suite can confirm entry and help improve operational efficiency, once in the chosen lateral.
A first-of-its-kind innovation in wellbore surveying—a true solid-state GWD system—is achieving optimized reservoir placement and wellbore collision risk mitigation in several regions globally.
Analysts believe a second wave of global LNG demand is coming in the mid-part of this decade, despite 2020's severe downturn in global energy markets.
For digital transformation to be beneficial and long-lasting, it has to complement business goals. It is important to keep expectations realistic with respect to the current level of digital maturity.
Supporting drilling contractors and operators’ ESG goals and objectives for a carbon-neutral future, Caterpillar has created targeted solutions. Among these is the Cat Energy Storage Solution, a hybrid energy technology integrated with natural gas gensets for land drilling applications.
A noise-immune hybrid electro-optical technology enables reliable real-time downhole data transmission and continuous electrical power delivery for coiled tubing operations. The result is improved efficiency in conventional CT applications and in an expanding array of interventions.
Low-dosage hydrate inhibitors are an alternative technology to thermodynamic inhibitors for preventing gas hydrates from restricting production from deepwater wells. Injecting the correct amount of a high-performance chemical has proven effective at mitigating unplanned shut-ins and the resulting loss of production revenue.
Weatherford’s CEO sees energy transition, digital transformation as top OFS priorities going forward
Having taken over the top spot at Weatherford last October, President and CEO Girish Saligram is positioning the firm for post-Covid-19 excellence. Editor-in-Chief Kurt Abraham spoke with Mr. Saligram about his priorities for the future.
Serving as CEO of the Energy Workforce & Technology Council, formed from a merger of PESA and AESC, Leslie Beyer says the new association is strongly positioned to advocate for member companies on a host of workforce, regulatory and technological issues.
Special Focus
Informed investment decisions require access to the complete knowledge potential existing within digital data available in today’s oil and gas fields. Emerging applications provide investors with access to machine learning, AI analytics, and smart monitoring technologies necessary to mine these data.
A wired drill pipe system enables real-time data transmission and sends constant information to decision-makers during drilling and tripping. North Sea case studies demonstrate how combining multiple downhole tool technologies has improved drilling efficiency and prevented various issues.
The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) is actively pursuing, through funding and in-house research, a number of research and development projects that would contribute to enhanced fracture characterization through digital information gathering and processing. The aim of these projects is to better understand both natural and produced fractures, and to evaluate their ability to enhance production and ultimate recovery. The dialogue below discusses one of these projects that is funded by NETL.
It’s advantageous to apply new digital technologies to schedule and manage drilling operations. Modern AI-powered scheduling software enables operators to make better decisions about how to deploy resources and to ensure that operations are always aligned with business objectives. To accomplish these goals requires a change in mindset and willingness to modify business processes to create a positive change in the organization.
Next-generation oil and gas projects will benefit from the improved collaboration and shared goals made possible by increased digitalization and high-quality visualization tools.
A well optimization service delivers actionable insights through assessment of field practices to establish a baseline state of production operations. The intelligence enables analysis of compliance against best practices, workflow efficiency and technology utilization, to identify opportunities for increased margin.
Columns
Efficiency payback time
Partnership, innovation are essential to maximizing ESG performance
What is the future of oilfield water management?
“… keeping the world at a safe temperature”
Mexico’s situation brightens after giant oil find made
CCUS: Game-changing technology
Resources
