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E&P Magazine - June 2009
As I See It
Oil and the recession
How high oil prices might kill the economic recovery.
Exploration Technologies
Turning the tsunami tide
Seismic studies are helping scientists better understand and predict the earthquakes that cause deadly tidal waves.
Drilling Technologies
Don’t sweat the small stuff
In today’s market, stuck tools are definitely not considered small stuff. However one company’s coiled tubing service is decreasing this problem’s impact.
Completions and Production
Size matters, but bigger is not always better
A newly introduced drillship concept delivers ultra-deepwater capabilities with a smaller footprint.
The increasingly troubled relationship between water and energy
Experts say dealing with petroleum-related water consumption and production is high on the list of concerns in a world where H20 is an increasingly scarce resource.
Digital Solutions
Leveraging knowledge with technology
In today’s oilfield environment, knowledge is the most effective weapon against risk and uncertainty.
Features
Considered approach improves hydraulic fracturing in horizontal open holes
Much of the successful exploitation of the tight gas reservoirs in the US and Canada is due to the ability to cost-effectively drill, complete, and hydraulically fracture horizontal wells. A big part of cost savings comes from innovations in fracturing.
Construction, Installation advances extend capabilities
Innovative solutions are pushing the limits of offshore construction and installation. Enhanced vessels are allowing heavier lifts at greater depths, while new approaches adapt current technologies.
Floatover innovation offers new options
When it comes to offshore construction projects, success often comes from thinking differently, focusing expertise, respecting lessons learned, and being able to look at something familiar from a new perspective.
Guide the well path in real time for geological precision
By acquiring and interpreting the proper set of measurements while drilling, geosteering engineers can locate the well path in real time with respect to the geological boundaries and guide the progress of the well.
Integrate real-time drilling data within the geological model
With the increased demand for greater efficiencies in drilling operations, oil and gas companies are searching for new means of using all available data while drilling.
Multifunction LWD system scores points
A complete formation evaluation suite in a single, compact LWD package is quickly gaining respect as a robust solution to complex reservoir problems.
Presalt basins identified in Gabon
A new study indicates Brazilian analogs.
Subsea wastewater treatment innovation
A new system saves time and reduces environmental impact.
Things are not what they seem in Indonesia
A new prospectivity study puts old doubts to rest.
Water management’s role in revitalizing the mature Casabe field
An alliance between Ecopetrol, S.A. and Schlumberger revitalized the mature, complex Casabe field, located in Colombia.
Water treatment processes make strides
As the water treatment of oilfield brines by desalination increases, the use of all desalination technique packages continues to grow.
Tech Trends
Tech Trends: DM5E family introduced, Slim FPWD saves 14 rig-days, Scott advances multigas monitor, Cirrus Logic modifies marine streamer solution
DM5E family introduced, Slim FPWD saves 14 rig-days, Scott advances multigas monitor, Cirrus Logic modifies marine streamer solution
Time-lapse helps site new Ekofisk wells
Reservoir drainage and injection patterns in Norway’s largest oil field are mapped using high-resolution time-lapse seismic technology.
On The Move
Last Word
Transparency throughout contract process saves time, boosts profit
Claims over contracts are rising in the oil and gas industry, and there are simple steps that can be taken to avoid the cost and time involved in resolution.
Activity Spotlight
Offshore operators get Kiwi tax exemption
The New Zealand government has made the decision to extend the tax exemption for non-resident offshore operators for another five years.
Management Report
Whose company is it anyway?
Focus on problems, and problems increase. Focus on answers, and answers increase.
Oilfield History
Pioneering a global play
Subsalt discoveries are exciting news. But they’re not as risky as they used to be.