Technology Exclusives

Schlumberger, shale, drilling, technology, rig, fracturing, subsea, tieback, Kibsgaard, Rowe

The company is gearing up to roll out its “rig of the future” next year as its Cameron Group looks for further subsea tieback growth opportunities.

Tight oil ‘have nots’ need a structural reduction on pre-FID costs to maintain their conventional portfolios.

EIA, DUC, well, drilled, well, uncompleted, oil, gas, Eagle Ford, Bakken, Marcellus, Wood Mackenzie

The latest data from the U.S. Energy Information Administration shows the number of drilled but uncompleted wells is falling.

Activities assessed in the draft rules include deep-penetration and high-resolution seismic, electromagnetic, magnetic, gravity and remote-sensing surveys as well as geological and geochemical sampling.

The two companies have teamed up to push out a modular well completions system for the offshore oil and gas industry.

Technology Completion

William D. Von Gonten Jr., W.D. Von Gonten & Co., DUG, Eagle Ford, shale, fracture, prop, completion, model

Better insight, including on calcite and ash bed layers, could lead to better frack designs, greater stimulation and ultimately, more production.

The technology uses an industry standard downhole data logger to collect data from which measurements are made and fracture locations pinpointed.

Schlumberger, Paal Kibsgaard, oil, drilling, technology, hydraulic fracturing, investment

The company plans to produce a new hydraulic fracturing system and a ‘land drilling system of the future.’

At Hart Energy’s DUG Rockies conference, technology panelists said drilled but uncompleted wells are an appetizing prospect for producers in trying times.

Baker Hughes, H.C. Freitag, drilling, completion, technology, shale, unconventional, DUG Rockies, oil, gas

Drilled but uncompleted wells in the U.S. provide an opportunity to examine new shale drilling and completion technology.

Technology Contracts

Most recently, Global Maritime disconnected and towed the Njord A semisubmersible floating production platform from the Njord Field to an onshore maintenance facility.

Robert S. Ellsworth Jr., interim CEO of Niko, said that the company plans to ultimately monetize these assets.

Under this contract, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines, with diameters ranging from 4 inches to 6 inches as well as EPCIC of associated platform I-tubes.

NPCC will help to build offshore oil and gas platforms, pipelines, power cables and other infrastructure, Aramco said in a statement, without giving a monetary value or details of the work.

The work, the first project under a recently signed multiuse agreement between the two companies, is expected to cut Suncor’s well pad facilities costs to about C$2 million per well pair from more than C$4 million to C$9 million per well pair, the release said.

Technology Digital

ABB, wireless, digital, oil

The benefits of modern network connectivity in the field make for a better, safer and more productive operation.

Radar surveillance systems from PetroCloud can track speed, work with drones and provide thermal images like the truck in the bottom right. “This is really high-end heightened security that works much better than motion detection,” according to White. (So

New technologies are increasing the industry’s situational awareness of cybersecurity threats, experts tell the crowd at DUG Permian Basin.

Nervana Systems, Naveen Rao, artificial intelligence, oil, gas, seismic, Paradigm, geoseismic

A Silicon Valley-based deep learning, artificial intelligence company is using artificial neural networks to help find oil and gas using geoseismic data.

DNV GL, technology, digitalization, oil, gas, automation, sensors, drilling, P&A, subsea, smart

Opportunities for further efficiency gains are abundant with technology, but a company has singled out a few technologies that it believes will shape the oil and gas industry’s future.

cyber, security, attack, threat, oil, gas, E&P, Boston Consulting Group, CERT

Although strides have been made in cybersecurity, the potential for more cyberattacks exists. A consulting firm gives advice.

Technology Downhole

David G. Gallagher said that trademarked Gilsonite is a naturally occurring asphaltite that binds and strengthens as an additive for drilling fluids and cementing.

Ely's world-class reservoir stimulation and completion consulting services will be packaged with Flotek’s CnF customized completion chemistries for clients that purchased CnF chemistries directly through The Flotek Store.

JetStream was recently used in a 6.5-in. intermediate section in the North Sea that was drilled to 10,446 ft total depth through soft, porous limestone.

GCDT fits fully into Prysmian’s expansion strategy in subsea umbilicals, risers and flowlines and complements its product range. The portfolio of protectors will be enhanced, the company added.

The technology provides internal alternate flow paths, called shunt tubes, in the downhole tool to gravel pack the producing sections of a well, ExxonMobil Upstream Research Co. said in a news release

Technology Equipment

With oil prices expected to continue rising in 2017 and 2018 amid a forecast tightening of the supply-demand balance, analysts said energy firms will boost spending on drilling, Reuters reported. 

Drillers added four oil rigs in the week to Oct. 14, bringing the count up to 432, the most since February, but still below 595 rigs a year ago, according to energy services firm Baker Hughes Inc. (NYSE: BHI).

The Subsea Services Alliance, a collaboration between Helix Energy Solutions Group Inc. (NYSE: HLX) and Schlumberger (NYSE: SLB), have launched development of the first riserless open-water abandonment module (ROAM).

drone, oil, gas, midstream, upstream, E&P, PwC, Maersk

Platform surveillance, subsea surveys and inspection of subsea flowlines are among the potential uses for drones in the E&P space.

Allseas, Pioneering Spirit, single-lift, vessel, decommissioning, oil, gas, offshore

The term ‘game changer’ is sometimes thrown around too easily, but it is completely deserved in the case of the giant vessel Pioneering Spirit.

Technology Operations

The helicopter was carrying employees of a contractor from oil major Rosneft’s Suzun oil field, part of the Vankor deposit, Russia’s northernmost onshore oil production project.

Slow economic growth, particularly in the oil and gas business, weighed on revenue. Organic revenue, which excludes growth from acquisitions, grew 1% in the third quarter, Reuters reported.

The acquisition, which is subject to approval by Brazilian competition authorities, is expected to close by the end of first-quarter 2017, Aker said in a news release. The purchase price was not disclosed.

The company reported a quarterly profit that topped analysts’ expectations on Oct. 20, helped by cost cuts and a ramp up in drilling activity in North America.

A modest recovery in 2017 is projected for most commodities, including metals and agricultural prices, as demand strengthens and supplies tighten, the bank said, Reuters reported.

Technology People

Kurdish Peshmerga fighters took control of Kirkuk in 2014, after the Iraqi army withdrew from the region, fleeing an Islamic State advance through northern and western Iraq. The hardline group also controls part of neighboring Syria. 

The strike comes after a disputed Aug. 27 presidential election, which was narrowly won by President Ali Bongo, but which opposition leader Jean Ping said was rigged, Reuters reported. 

Eni and Mozambique should, by the end of 2016, reach a final investment decision on a project to build a floating offshore platform with capacity to produce 3.3 million tonnes per year of LNG from gas in the Coral South Field.

Nobody was injured in the incidents. Production at Gullfaks A restarted late on Oct. 16, Statoil said. It was unclear when production at Statfjord A would resume, Reuters reported.

Electromagnetic Geoservices ASA (EMGS) plans to cut its global employee expenses, including by temporary and permanent layoffs, by 20% in an effort to bring its cost base in line with reduced activity, according to a news release.

Technology Regulations

Another FMC Technologies department also failed to properly account for employee paid time off in 2012, the SEC said. The company also improperly accounted for interest income associated with certain large loans made within the company that year, Reuters reported.

Norway, which already produces oil and gas from offshore Arctic fields, aims to cut emissions by at least 40% below 1990 levels by 2030 under the Paris Agreement, Reuters reported.

According to the report, the public and private sector funds would be up from an estimated $62 billion in 2014 and $52 billion in 2013, Reuters said.

President Michel Temer's administration has taken actions including removing a requirement that Petrobras be the sole operator of vast offshore reserves in the costly subsalt layer, Reuters reported. 

OPEC’s third largest oil producer hopes to revive its energy sector following the lifting of the sanctions in January after years of under investment and to achieve production levels last seen in 2012.