BP’s new plan for the expansion of the Mad Dog development in the GoM features a 140,000 bbl/d semi-submersible floating production platform.
Experts from IBM, which also addresses human capital challenges, say now is the time for companies to devise strategies to regain lost talent and attract more.
Heriot Watt University in Edinburgh has run a consortium devoted to time-lapse seismic, not within its geophysics department but within its petroleum engineering department.
Natural gas demand is forecast to increase 94% within six years, according to a recently released report. Demand for oil and coal are also predicted to rise, but not nearly as much.
Research shows using microseismic data with refracks could help lift recovery from old wells, providing an alternative to drilling new wells.