CATEGORIZED | News

Regional leaders converge at Jakarta conference to share ideas for the future

Posted on 27 August 2008

The opening ceremony was followed by a keynote session featuring a diverse panel of speakers sharing their views on the conference theme, “Drilling Technology to Address Future Energy Demand and Environmental Challenges.”  Dr Abdul Muin, vice chairman of the Government Executive Agency for Upstream Oil and Gas Business Activities (BPMIGAS), set the stage by describing in detail the status of Indonesia’s oil and gas industry, highlighting the many challenges and opportunities.

Zuhair Al-Hussain, executive director, drilling and workover for Saudi Aramco, focused on the coordinated application of new technology, including the use of “maximum reservoir contact” wells. He illustrated how technology innovation has dramatically reduced the number of wells required to meet production targets.

Pak Hertriono Kartowisastro, managing director and president of PT Apexindo Pratama Duta Tbk, shared his perspective on the importance of pursuing geothermal energy to meet Indonesia’s and the world’s energy needs. Positioned on the “Pacific ring of fire,” the country is poised to take a lead role in developing and deploying the technologies necessary to exploit this important resourse.

Returning to more traditional energy sources, Trond Røsbak, head of drilling and wells for StatoilHydro Indonesia, described the numerous challenges waiting in the country’s deepwater areas. His presentation underscored the need for collaboration, saying that “close cooperation with partners, drilling contractors and service companies will be crucial in the future.”

Imran Kizilbash, president of Schlumberger Reservoir Characterization Group, rounded out the session with his presentation, titled “Future Drilling Technology – An Integrated Approach.” Mr Kizilbash illustrated the need for advanced drilling technology by pointing out that intensified drilling campaigns alone are not sufficient to slow production declines. The “treadmill effect” of increases in drilling activity must be augmented by application of new technology designed to facilitate today’s more complex wells.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 31 October 2014

    Japan Drilling to operate new jackup under construction at Keppel

    The KFELS Super B Class design has a drilling depth of 35,000 ft. The rig's leg structure is designed to provide enhanced robustness for operations at 400 ft water depth...

  • 29 October 2014

    New intelligent water management solution based on oxidizer technology

    Nalco Champion has launched the RenewIQ line of oilfield water reuse solutions to help operators reduce freshwater consumption and associated handling costs...

  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

    Baker Hughes has commercially released its MultiNode all-electric intelligent well system. It allows operators to remotely monitor and control a greater number of production zones...

  • 29 October 2014

    Tercel collaborates with TOTAL to design MicroCORE PDC drill bit

    Tercel Oilfield Products has launched the MicroCORE cutting system at the 2014 SPE Annual Technical Conference and Exhibition in Amsterdam. The MicroCORE cutting...

  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

    The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...

  • Read more news