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2018

Drilling & Completion Tech Digest

BP announced in December that it has more than doubled the total computing power of its Center for High-Performance Computing (CHPC) in Houston, making it the most powerful supercomputer in the world for commercial research. Increased computing power, speed and storage reduce the time needed to analyze large amounts of seismic data to support exploration, appraisal and development plans, as well as other research and technology developments throughout BP...

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Proppant intensity may increase by 35% in Permian Basin before reaching optimal economics

To maximize well productivity in the current low oil-price environment, operators in North America have adjusted their completion designs and substantially increased their proppant use. At $50 oil prices, that trend is expected to continue – particularly in the Permian, where our analysis indicates that proppant intensity will rise by 35% before reaching optimal economics. The resulting increase in North American demand – up from 45 million tons in 2016 to 110 million tons in 2018 – will be a boon for suppliers and a key driver of low-cost sand flooding into the Permian...

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Comparison of Haynesville wells shows benefits of tighter cluster spacing, higher proppant loads

Techniques for optimized completions shown to result in higher EURs, flattened decline curves By Kelli Ainsworth Robinson, Associate Editor Optimized completion techniques – including longer laterals, tighter cluster spacing, and higher proppant loads and stage counts – can significantly increase the number of conductive transverse fractures and the estimated ultimate recovery (EUR) of Haynesville wells. The finding was made by Halliburton and Dallas-based E&P company Covey Park Energy in a study comparing two Haynesville wells – one completed in 2010 and one in 2016. Additionally, the study found that modern completion techniques can flatten the decline curve in Haynesville wells. The evolution of completion designs in the Haynesville have been driven, in large part, by the play’s low reservoir permeability, ...

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2018 IADC/SPE Drilling Conference offers forum to share technical expertise, learn from industry peers

As oil and gas companies increasingly consider the possibility that low oil prices are the new reality, they’re turning to innovative technologies and practices to drive performance and efficiency. The 2018 IADC/SPE Drilling Conference, to be held 6-8 March in Fort Worth, Texas, will give companies an opportunity to share knowledge, insights and success stories when it comes to improved performance, safety and efficiency, said Shane Marchand, Chairman of the 2018 conference. Mr Marchand also serves as VP of Marketing and Business Development for Helmerich & Payne International Drilling Co...

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Editorial: Safety, quality, diverse workforce will pave path to better industry, future innovations

As I think about the challenges facing us in 2018, I am reminded of that new year’s curse – “May you have an interesting year.” 2018 will almost certainly deliver that. According to Haynes and Boone, from January 2015 to October 2017, 134 North American oil and gas producers filed for bankruptcy. The sum of these filings involved $80 billion of secured and unsecured debt. Over the same period, 155 oilfield service companies filed for bankruptcy with a cumulative debt of $43.6 billion. Of the seven largest filings, five were major international offshore drillers...

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Analysis of competence assurance programs reveals best practices, evolving policies, common challenges

In 2009, IADC initiated a Competence Assurance Accreditation (CAA) program to provide a means and a model for oil and gas related companies to establish an industry standard to maximize the impact of competence assurance programs. This standard is designed to define effective ways to develop and maintain employee competence, such that every employee is competent to perform his or her job role successfully and consistently. CAA has become a global standard for the structure and management of these programs, and 22 companies’ Terms and Definitions...

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5 principles for upgrading your behavior-based safety programs

Imagine using a piece of technology from last century to solve a problem in this century. Unfortunately, that’s what’s happening for too many organizations in the world of safety. By some accounts, behavior-based safety was introduced into the American workplace as far back as the 1930s. Since then, it has become a mainstay for many US organizations trying to keep their workers safe. The problem is that times have changed, but behavior-based safety hasn’t. It’s still largely a pencil-to-paper system of peer-to-peer observations that leans too heavily on identifying and disciplining bad worker behavior...

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2018 IADC Chairman to focus on outreach, competency, advocacy

As a child who grew up in a household that moved 20 times in 20 years, you might say that Steven Brady was well-prepared for a drilling career that would take him around the world to places like Aberdeen, Stavanger and even Archangel, Russia. “Frankly, I enjoyed moving. It was the story of my childhood,” he recalled. “I’m sure there are people who like to go to work and do the same thing everyday... but I enjoy seeing new places and new people. New challenges motivate me.”..

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Entrepreneurs pitch new technologies at IADC’s ART Spark Tank

By Eva Vigh, Editorial Coordinator The IADC Advanced Rig Technology (ART) Committee held its fifth Spark Tank in Houston on 6 December. The forum, launched in June 2016, provides entrepreneurs with an opportunity to pitch their new technologies and products to a panel of operators and drilling contractors – also called sharks – who then provide their feedback. At the December meeting, four entrepreneurs showcased their technologies to three panelists: Kelli Fereday, Director of Subsea Wells, BP; Alan Quintero, Chief Technology Officer, Board Member, NACD Governance Fellow, Rowan Companies; and Keith Lynch, Wells Operations Advisor-Unconventional Assets, ConocoPhillips. The event was moderated by Robin Macmillan, Senior Vice President for Business Development at National Oilwell Varco (NOV) and Chairman of the IADC ...

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HSE&T Corner: Digital checklist for field service representatives improves accountability and service quality, standardizes rig engagement

Pilots, air traffic controllers and airplane mechanics are no less susceptible to human error than anyone else. Yet commercial airlines fly billions of passengers around the world every year while experiencing very few incidents or fatalities. “What did they do? They put in checklists,” Terry Barrett, Chief Operating Office for CAVU International, said on 17 October at the 2017 IADC Human Factors Conference in Galveston, Texas...

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