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Tracy Brower, Contributor, www.forbes.com We’re in the midst of the most significant reinvention of work in our time. We’ve proven people can work anywhere and the greatest social experiment—sending everyone home to do their work—has decimated barriers to working away from the office. Some contend people are working with a reasonable level of productivity from […]
Adam Wilson, Special Publications Editor | 24 February 2020 The term “edge computing” may be relatively new, but the concept is not. Even the oil and gas industry, notoriously slow on technological adoption, has been working on the edge for some time, although it only recently started using the term. “Edge is not new for us,” […]
For more than 30 years, the IADC/SPE International Drilling Conference and Exhibition has brought together industry professionals to share ideas to advance our scientific understanding of drilling in oil and gas E&P. The event attracts operator companies, contractor firms, and service companies to address challenges and deliver improved performance. Join Ensearch at this conference as […]
January 8, 2019 Editor’s note: This is the first of a series of articles in which SPE’s technical directors comment on the state of their industry sector heading into 2019. “You can’t beat vendors down forever,” said Jeff Moss, SPE’s Technical Director for drilling. “Sustainable efficiencies are one of the big drivers now. First it […]
10 December 2018 Production and proved reserves in the Permian Basin’s Wolfcamp Shale and Bone Spring Formation are reaching new heights, and a new assessment from the US Geological Survey (USGS) indicates the industry is just scratching the subsurface when it comes to what may be technically recoverable. USGS estimates the Wolfcamp-Bone Spring in the […]
As the crude oil prices fell in 2014 from high above $100/bbl to nearly $30/bbl in early 2016, most of the Exploration & Production (and associated hydrocarbon sectors) capital spending dropped as well. Since early 2017, for most part the prices stayed above $50/bbl and have firmed up above $60/bbl range since late 2017. This […]
Introducing the Inaugural Deepwater Executive Summit We are reaching a critical “Turning of the Tide” in the deepwater industry with Final Investment Decisions under greater scrutiny than ever before. A number of projects are starting to move forward, but the dynamics have changed and not all projects are a given. Both Operator and Service Company executives involved […]
31 August 2018 ExxonMobil made its ninth discovery offshore Guyana, possibly creating the greatest value of any offshore basin in the Americas. This is the company’s fifth discovery on the Stabroek Block in the past year and proves a new play concept for potential development. The Hammerhead-1 discovery encountered approximately 197 ft (60m) of high-quality, […]
Adam Wilson, Special Publications Editor | 17 July 2018 The past years’ negative trend in employment in the oilfield service industry is leveling out. Now, as new offshore projects are approved, the need for offshore workers is expected to grow, which could lead to a large expansion of recruiting efforts, according to the research firm Rystad […]
Trent Jacobs, JPT Digital Editor | 12 June 2018 Somewhere offshore Norway there is an abandoned appraisal well that is unlike any other. Despite being a non-producer, inside it are pressure gauges meant to reveal clues on how the reservoir will ultimately give up its resources. Developed by service firm Expro, the technology being discussed here […]
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