Microsoft 6th Annual Global Energy Forum
Magazine - August 2004

Occidental and Schlumberger drill a 24,956-ft (7,611-m) horizontal tri-lateral to set a new world record. In March 2004, Occidental Petroleum of Qatar Ltd. and Schlumberger drilled a 24,956-ft (7,608-m) extended reach... more


FEATURES
Drilling the reservoir limit

Careful planning and advanced directional drilling technology extend the extended range drilling (ERD) envelope. ERD is commonly described in terms of well profiles with measured depth (MD) to true vertical depth... more

Designing the 'perfect' well

Often, only one or two precisely placed wells are needed to optimally exploit the reservoir. Knowing how to construct them requires expert drilling and completion planning. When asked why D-Day took... more

Managing artificial lift

Production optimization (PO) can potentially impact the cost per barrel of oil lifted more than any previous technology advances. As long as artificial lift systems have been employed in oil... more

Internet system boosts productivity

Web-based flowmeter and pump-off control monitoring leads to fewer workovers and lower operating costs. A Web-based remote monitoring and data collection system is proving to be an effective management and... more

Umbilical stretches subsea performance

The umbilical is an essential item of equipment for offshore oil and gas developments based on the use of subsea facilities. It provides the link from the host facility through... more

Magnus moves to a new system

A new electric subsea control system is being evaluated by BP on its North Sea Magnus field, which uses direct-current (DC) for valve actuation. The newly developed subsea production system is... more

Modeling streamlines workflows

A new method of prospect evaluation leverages some of the unique technology and tools available in 3-D modeling software and expands the workflow into reservoir simulation and uncertainty analysis. The overall... more

Software looks for hydrocarbon patterns

Previously drilled wells can provide useful information about undrilled locations. In the last 20 years the adoption of 3-D seismic imaging for oil and gas exploration has dramatically reduced the risk... more

 
MARINE TECHNOLOGY
Readying for the reuse market

This new offshore vehicle could become a common sight offshore removing platforms starting with the North Sea Frigg field. Monitor Oil Production has placed a contract with a Chinese shipyard to... more

MEA INNOVATIONS
FracGuard Composite Plug

High pressure (~20,000 psi) hydraulic fracturing jobs usually require setting permanent packers. While permanent packers can handle the high differential pressures they are not easily removed, causing unacceptable delays in... more

Performadril Drilling Fluid

Performadril drilling fluid from Halliburton contains unique polymer chemistry that allows a water-based mud to emulate an invert fluid. For many years efficient drilling has been impeded by heaving or... more

OFFSHORE REPORT
Broom builds for new North Sea entrant

An interview with Tom Morrow, president, and Chuck Hauf, vice president and general manager, of Challenger Minerals Inc. (CMI). This year, as a minority partner in the UK Broom field development,... more

ON THE MOVE
On the move

NORTH AMERICA Mexican President Vicente Fox named Fernando Elizondo as the country's new energy minister, replacing Felipe Calderon. Clive Mather succeeded Linda Cook as president and chief executive officer of Shell... more

RISK REPORT
Assessing the risk in Libya

Libya, by dismantling its weapons of mass destruction programs, cast off the pariah status the country had endured for nearly two decades. Nowhere has the return of Libya been more welcomed... more

WORLD MAP
North America

1. Hamar Associates LLC, Ojai, Calif., has applied for a number of wells, including a wildcat in Sutter County in northern California. The wildcat is the 3-25 Guisti in Section... more

Europe

1. The Faeroese government is planning a second offshore licensing round by offering new deepwater acreage for which applications open on Aug. 17, 2004. The Faeroes Petroleum Administration said the... more

Africa

1. First Calgary Petroleum is moving to the development stage after its latest successful well on the giant MLE field in Algeria. The company announced test results on the MLE-5... more

Gulf of Mexico

1. Unocal discovered 50 ft (15 m) of net oil pay in a high-quality sand reservoir at its Tobago prospect in Alaminos Canyon 859, in the block immediately north of... more

South America

1. Petrobank Energy and Resources Ltd. of Canada completed its initial work commitments on the Neiva and Orito blocks in Colombia and produced an average 1,702 bbl of oil a... more

Central Asia

1. Azerbaijan's giant Shah Deniz gas field could begin exporting natural gas by pipeline to Turkey as early as 2007, according to Natik Aliyev, president of the State Oil Co.... more

Middle East

1. Kuwait is intending to speed up the development of its North oil fields, which was subject to lengthy and positive discussions by the government, state institutions and competent authorities,... more

Pacific Rim

1. BHP Billiton Petroleum is evaluating an oil and gas exploration and development project in the Philippines' Sulu Sea. The Manila government has invited BHP to the negotiating table regarding... more

EXPLORATION TECHNOLOGY
Of technology transfer and serendipity

It may be in a haphazard fashion, but good ideas do sometimes find their way to the people who need them. While any oil and gas or service company might wish... more

WELL CONSTRUCTION
Stuff you can take to the bank

Technology fuels growth, but there are some who are still stubbornly cooking on wood fires. One of America's top independents tells how innovation in drilling technology is paying off in... more

PRODUCTION OPTIMIZATION
Production metrics-Counting cashflow

Process management calls for process measurement. One of the more comprehensive offerings we have seen took center-stage at Canada's Global Petroleum Show recently concluded in Calgary. With Stampede just around... more

TECH WATCH
Statoil seeks technology solutions

"Reaching the limit" is the goal of Norway's Statoil, and it hopes to achieve this through an aggressive strategy of technology development in nine key areas. Taking a global perspective, Statoil... more

AS I SEE IT
Off the planet

I stole a weekend off from the heat and humidity of Houston in mid-July to abscond to the mountains of West Texas - Fort Davis, specifically. It's a high, mainly... more

MANAGEMENT REPORT
Assess, understand market dynamics

This is part one of a series of quarterly articles that discuss issues and strategies for introduction of new technology in the upstream oil and gas industry. The price collapse... more

Engineering companies analyzed

Excerpts from a speech by an engineering company executive to the International Compressed Air and Associated Machinery Committee explain metrics at work in engineering. I am actually the chief executive officer... more

ACTIVITY SPOTLIGHT
Operator balance costs of North Sea profits

Underwater compressors offer tremendous cost saving. Engineers working on Norway's Ormen Lange gas project have launched a technology qualification program intended to finalize a subsea gas compression designed to operate in... more

THE LAST WORD
Change marks oilpatch

We can count on change in the oil industry. Markets change constantly, and so does technology. Even the corporate landscape has evolved through the consolidation of giants like ExxonMobil, ChevronTexaco and... more



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