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July/August

North Sea wells prove efficiency, function of multistage ball-actuated, sleeve-based stimulation system

Wells in the North Sea that require multistage fracturing have typically used cemented plug-and-perf completions. Although this method is widely used due to historical precedent, its stimulation effects can sometimes underdeliver. The process is also time consuming, with typical turnaround times per stage varying from three to seven days for North Sea projects...

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Statoil adopts integrated, trilateral partnership in search of ‘perfect wells’ on Johan Sverdrup field

Operated by Statoil, Johan Sverdrup is one of the five largest oil fields on the Norwegian Continental Shelf (NCS), holding an estimated 1.9 billion to 3 billion BOE. In March 2016, Statoil began pre-drilling eight producer wells on the field, with the goal of delivering “perfect wells,” or wells delivered in the minimum possible time, that would contribute to a 70% recovery goal for the field...

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UK government, industry look toward collaboration to drive down decommissioning costs on UKCS

The Oil and Gas Authority (OGA) has committed to reduce decommissioning costs on the UK Continental Shelf (UKCS) by 35% relative to the 2015 base case cost, Gunther Newcombe, OGA Head of Operations, said. The OGA estimates that decommissioning aging platforms on the UKCS could cost an estimated £52 billion, but it appears that both the industry and UK government are pitching in to deliver cost savings...

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Employing the three T’s — testing, timing and technology — can increase equipment reliability through maintenance strategies

The oil and gas industry constantly fluctuates based on producer capacity and end-user demand. Low oil prices have put companies in a challenging position wherein they have to balance production, equipment investments and operational decisions with changing market conditions. To respond effectively, companies must carefully manage their assets by minimizing costs and maximizing efficiencies, while upholding worker safety...

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