E&P Magazine - October 2012

As I See It

Cover Story

A rising tide

Surging market demand and advances in materials and modeling technologies are pushing the boundaries for flexible risers.

EUR ROUNDTABLE - Estimating the UNKNOWN

Unconventional plays wreak havoc on traditional EUR calculations. Here’s what’s being done about it.

Exploration Technologies

Growing through the reservoir

Moving into reservoir services will help a major contractor achieve its long-term goals.

Tuning in to geology

A new geophysical technique uses radio waves to determine rock types.

Drilling Technologies

Fewer, better rigs for unconventional plays

As unconventional plays mature, operators are doing more with less.

Research focuses on measuring effectiveness of cementing jobs

An RPSEA research project was started at the University of Houston to determine a way to measure drilling mud loss and the effectiveness of cementing operations in real time.

Completions and Production

A first reeled in at Corvina

The BPZ CX-15 platform, the world’s first buoyant tower drilling and production facility, is installed in the Corvina field.

MEOR: Activation of bacteria in formation boosts oil production

Glori Energy claims a 9% to 12% increase in oil production by activating naturally occurring microbes in the formation to improve oil mobility during waterfloods.

Special Report

Canada’s oil sands: Balancing risk and opportunity to reap rewards

Canadian oil sands producton could reach more than 4 MMb/d by 2020.

Canadian liquids plays offer continuous upside

Although natural gas producers may be experiencing challenging times amid low gas prices, unconventional resource development is ramping up in Canada’s light, tight oil plays.

Digital Solutions

'Shale gas factory' provides collaborative field development

The principles of lean manufacturing are applied to the shale gas factory to eliminate the wastes of people, time, resources, and assets while improving the quality of the shale gas well.

Attributes play important role in seismic interpretation

A new family of attributes aids in geological understanding.

Real-time community meets the well bore

A new platform integrates formation evaluation, drilling, and completions engineering.

You've discovered oil and gas — now discover your data

The data explosion requires new methods of analysis.

Features

A declaration of independence

Ryan Lance is defining the new ConocoPhillips as the independent E&P company moves into organic growth mode with a focus on unconventional plays, major development projects, and an emerging exploration program.

A question of intervention

The market for light well intervention vessels has both opportunities and pitfalls for new players in equal measure.

Are slugs too fast to handle?

Research into slug flow could facilitate significant advances in the safe design of mechanical restraint systems.

Asia-Pacific region poised for huge growth in investments

Capex levels in Asia are forecast to continue to recover after stagnating between 2006 and 2009.

Biggest offshore prizes lie deep

The ultra-deep offshore is proving to be the most productive for new giant discoveries.

Capital efficiency, optimization keep Marcellus shale active

The proximity to the Northeast markets provides incentive for companies to continue activities in the Marcellus shale even though natural gas prices remain in the doldrums.

Closed-loop drilling boosts deepwater MPD success

Getting a rig ready for MPD must come through a coordinated industry effort to develop procedures and standards for equipment, procurement, rig modification, design, and training.

Drilling down operator costs onshore, offshore

Operators are seeing cost savings by dealing with drilling waste at source, minimizing environmental impacts, and reusing costly materials.

Eagle Ford activity continues at a frenzied pace

Operators barely have time to catch their breath as they ramp up production in this world-class play.

Economic method improves conformance in CO2 flood

The use of polymer gels in fractured CO2 floods can lead to more economic projects and extended flood life.

Finding the balance between automated and manual interpretation

A new technique aids in interpretation of any stratigraphic feature.

First mover advantage

Statoil’s incubator strategy for nurturing emerging technologies shows that the early bird does catch the worm.

Floating systems market rides the wave

Floating production systems are the most adaptable offshore development solution, and the growth in demand for these facilities shows no sign of slowing.

Improving dynamic well control in MPD operations

One result of current research is a refinement of the condition that ensures the influx has ceased. The new research shows that a single, pressure-based signature alone is sufficient to determine when the influx stops.

Industry groups tackle R&D for drilling automation

The case for drilling automation in both onshore and offshore operations has been robustly debated as the industry moves toward standardized development platforms.

Integration enhances shale production

Seismic attributes that correlate to drilling and completions data aid in reservoir understanding.

Marine market steams ahead

Better images are spurring more drilling.

MegaProject gives the big picture in Makassar Straits

An interpretation project that ties basins together from East Java to Muara could be the key to understanding the regional framework and exploring for new prospectivity.

Mobile solution aids field technicians

A communications system enables near-constant contact, even without Wi-Fi.

Modeling is next step-change in unconventionals

Improved fracture understanding aids optimization.

MPD boosted with hands-free connection of mud bypass

Continuous circulation sub opens up opportunities to drill in reservoirs with narrow windows between pore- and fracture-pressure gradients.

New EOR technology uses chemicals to generate gas for oil recovery

Surfactant-enhanced product recovery, an environmental remediation system, finds a potential new home in the EOR toolbox.

New horizon for remote gas fields

The E&P industry is witnessing the advent of the FLNG era with offshore terminals offering a viable alternative for previously stranded reserves.

Pastures old and new rejuvenate Norway's offshore profile Norway has been reborn as a global investment hot spot.

Norway has been reborn as a global investment hot spot.

Producing a water management solution

Managing produced water from oil and gas operations is a major challenge for operators around the world. In the Middle East, specific external factors make the issue of produced water even more pertinent.

Production tank protection eliminates traditional corrosion mechanisms

One persistent and costly problem is production tank corrosion. A unique tank base design can break the chain of corrosion mechanisms to eliminate problem sources and extend tank life.

Racing to real-time collaboration

A new dynamic 3-D modeling system helps make real-time subsurface modeling possible.

Retrieving subsea wells in one trip

Whether they reach their economic limit or suffer irreparable damage, all offshore wells inevitably shift from asset to liability, with subsea well abandonment and suspension the next step.

Scientific target selection optimizes horizontal shale completions

Determining reservoir stress anisotropy in advance of completion design leads to more productive perforations.

Securing the future of Norway's mature fields

Improving the recovery from mature fields offshore Norway can provide a way forward for regional output, but ‘bold decisions’ must be made to spur new drilling, according to Petoro President and CEO Kjell Pedersen.

Sustainable development relies on biocide usage reduction

UV light disinfection helps operators save money and promote sustainable development.

Technologies for expanding horizon of digital oil field

A balance between ‘too much’ and ‘not enough’ data is crucial for ensuring that relevant information is available for decision support systems.

Technology changes the LNG equation

New floating LNG concepts are changing the way operators are looking at field development and will open production in formerly ‘unreachable’ areas.

The economics of subsea sampling in offshore production

A new subsea multiphase sampling system ensures the collection of accurate PVT data.

Wide-azimuth seismic enables better shale play economics

The use of conventional wide-angle, wide-azimuth 3-D seismic as a first step in profitable shale play production is reviewed in this case study from central Alberta, Canada.

Tech Watch

Isolation system shuts down gas migration

A new swellable system uses proprietary elastomer technology to effectively seal off micro-annular voids.

Preventing problems in saltwater disposal system piping

Grooved coupling systems provide reliable and headache-free aid in unconventional fields.

Tech Trends

TECH TRENDS

Activity Highlights

On The Move

Last Word

Managing social risk

Getting a ‘license to do business’ requires understanding public perception.

Unlocking shale’s economic potential with upfront planning, collaboration

Despite all of the opportunities and the years of experience gained in developing shale plays, has our industry truly reached its adulthood in shale?

International Spotlight

From meters to millimeters: Satellites explore the Amazon

Satellite images are enhancing geological data acquisition in the heart of the Amazon forest in the Solem?s basin, allowing scientists to tell a story that has not been revealed up to now.

Management Report

ERP systems provide efficient supply chain management

An efficient extended supply chain requires an integrated system.

It's not just about filling the seat

Experienced middle managers are just a few years away.