Knowledge sharing and innovation are the key benefits of attending this year’s SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition, according to Ian Chapman and Matt Billingham, Chair and Vice-Chair for the upcoming event. The conference takes place 27-28 March in The Woodlands, Texas. Mr Chapman and Mr Billingham agree that, after several difficult years for the industry, the acceptance of interventions as a critical maintenance tool, both from a reservoir management and production enhancement perspective throughout the life of a well, has become critically important.
“Innovation remains strong, but technology adoption is driven by awareness, as well as need,” Mr Billingham said, emphasizing why events like these are so important. “Attending industry events give professionals the opportunity to see the very latest innovations and see how operations have been performed elsewhere using global experience to increase the knowledge base.”
Mr Chapman expressed a similar sentiment: “Interacting with industry professionals from varying backgrounds and experiences can provide participants a better understanding of concepts and details than downloading and reading the paper presentations alone.”
Professionals attending the event, which offers 10 sessions and 40-plus technical presentations, should be able to learn how quickly the range of options available is increasing yearly and how they can apply the right ones to their own challenges.
According to Mr Chapman, the future will require the industry to continue to pursue and embrace advancements in technology that increase safety, efficiency, reliability and capability to remain successful. E&P professionals will need to include intervention technologies, which can mitigate the need to use more expensive rig-based methods.
“Technology will be a key enabler in improvement,” Mr Billingham said. “The last few years have challenged the industry to look differently at operational models and total cost of ownership, and in the immediate years, we will see the evolvement of this.”
Mr Chapman added, “Advances in materials technology is facilitating intervention in deeper wells. Light well intervention is coming of age, especially as the portfolio of subsea wells ready for abandonment begins to grow.”
The conference focuses on these areas and more. Attendees can learn not just from the technical papers but also from a special keynote presentation with Marshall Adkins, Managing Director and Managing Director of Research with Raymond James & Associates. Mr Adkins will provide his insights on the oil and gas market outlook.
The SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition runs from 27-28 March in The Woodlands and is hosted jointly by SPE and the Intervention and Coiled Tubing Association. Early-bird registration rates are available until 7 March.