SPE: Industry News

  • A Passion for Energy Education

    Colin Black is managing director of Carjon-NRG Ltd., a company he formed in 2015. He is a consultant in exploration and production, asset and well integrity, and renewables. He joined the SPE Aberdeen Section in 1993 and has supported technical programs as well as school career guidance and Energy4me education events internationally ever since. He is a member of the SPE Global Energy Information and Energy4me Committee, and served on the board of SPE Europe Limited from 2011 to 2017. He currently chairs the NASA in Aberdeen “Inspiring the Next Generation" Committee. JPT spoke with him recently about his thoughts on his career and energy education. 

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    The Big Payoff for Drilling the Perfect Well

    Statoil has reported that it is possible, with the right organization and incentives, to drill the “perfect” well. And when that happened it was time to redefine perfect. In this case, perfect was defined as the most ambitious target time for drilling eight wells in Statoil’s Johan Sverdrup field. The perfect well was one of the benchmarks set by a project that set out to redefine the working relationship between the operating company, the driller, and service providers to achieve “radical efficiency improvements from its own employees and from contractors,” according to a paper presented at the 2017 Offshore Technology Conference (OTC 27592).

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    Offshore Drilling Market: Recovery by 2020s?

    The offshore market is poised for growth in the next 4 years, but unconventional production must maintain a steady pace if the industry is to meet the supply levels needed for consistent growth in the price of oil, an analyst said.

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    Reinvention, New Realities Central Theme of Offshore Europe 2017

    The latest edition of the biennial SPE Offshore Europe conference and exhibition will once again bring together top industry professionals, engineers, educators, and students for a week of discussion on the pressing topics facing offshore exploration and production (E&P).

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    With New Rig Software, Automated Drilling is Easier to Embrace

    Last summer, while being moved from one well pad to the next, a rig in the Delaware Basin of Texas was updated with some new software. It took 11 hours to complete, and after the rig was powered back up, it went on to drill the vertical section of a horizontal well almost 3 days ahead of schedule.

    Aside from boasting an impressive stat line, that well represents an important milestone for National Oilwell Varco (NOV) because it is the first to be drilled using the company’s closed-loop automated drilling system in conjunction with a recently launched rig operating system, which the company technically refers to as a process automation system. NOV is telling customers that this technology not only lowers the cost of field development, but delivers higher quality and straighter wellbores through its consistent performance.

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  • In the Crosshairs: Cost Inefficiencies in North Sea Decommissioning

    Decommissioning costs in the UK North Sea have become a serious issue for companies with aging fields in the region. In December, Oil and Gas UK predicted that GBP 17.6 billion will be spent on decommissioning from 2016 to 2025, with GBP 9.4 billion of that expenditure coming in the central North Sea. Over the next decade, 186 projects are forecast for decommissioning—153 in the UK and 33 in Norway—with more than 100 platforms forecast for complete or partial removal. 

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    OTC: Risk-Based Cybersecurity Critical for Offshore Automation

    Automation is playing an increasingly vital role in oil and gas operations, including offshore assets. Operating companies can use automated systems to augment and replace human effort in dangerous locations, increasing on-site safety. However, an expert said that automated systems bring additional vulnerabilities with potential safety impacts, thus requiring an updated risk-handling approach that allows companies to better understand these risks.

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