Issue: November 2017
Special Focus
As oil prices remain ‘lower for longer,’ intelligent systems help optimize production.
With a simple hydraulic power unit, and absent a pumping unit, the simplicity of the Beam Gas Compressor can be used to compress casinghead gas, boost gas in the field to the sales line or compressor stations, and function as the basis for vapor recovery units.
In a recent FPSO development project offshore West Africa, a lifecycle modeling approach project, ending in a direct-connect Operator Training System with Aspen HYSYS Dynamics, was used for process design and control narrative validation, procedure verification, ICSS check-out, control room operator training and support for FPSO start-up operations.
Features
The need to develop marginal fields and stranded assets in a low commodity price market has led to creation of the integrated EPCI execution model for smaller tie-back developments.
In an unplanned operation, valuable lessons were learned about how effective integration of conventional tools could enable the successful execution of a complex fishing operation with significant equipment restrictions.
Water management in unconventional resource plays has become a critical topic over the last several years. To improve project economics, several best practices have begun to emerge.
A new design addresses two of the most common concerns in unconventional plays.
India’s growing population, urbanization countering efforts to reduce dependency on imports
Coiled tubing manufacturing technology has revolutionized CT string design optimization.
Operators working in U.S. land plays have recognized that precise borehole placement within an unconventional reservoir is critical to improve production and ultimate recovery. Producers now realize that the quality of the rock where the well is completed has a significant impact on production, and that simply applying large amounts of hydraulic frac energy is not sufficient to maximize ROI.
More than 300 of the upstream oil and gas industry’s brightest minds gathered to find out, and celebrate, the winners of the 2017 World Oil Awards on Oct. 12.
Columns
A plea for common sense from Newfoundland’s offshore sector
Fickle fracturing
The Texas-Mexico Energy Nexus
We will not run out any time soon; too bad for exploration.
Whither optimization?
Big E&P projects advance in Vietnam and Indonesia; Chinese intimidation continues
Will life get better for offshore drilling contractors?
Planning for failure
One man’s bust is another man’s boom
News & Resources
Shell has reported the divestiture of a parcel of UK North Sea assets to Chrysaor.
Brent crude futures (Dec) traded at their highest level in two years ($59.30/bbl) after officials from Russia and Saudi Arabia signaled that their respective countries were willing to prolong production cuts beyond March 2018.
Maersk Oil has made several key appointments, in relation to its future business under Total.
Weatherford International has secured a contract for plug and abandonment (P&A) services by Repsol Norge AS.
Weatherford International plc has announced the commercial release of the PressurePro control system, a fully integrated rotating control device (RCD) and choke system for wellbore pressure management on land.
