Oil Rises on Kurdistan Export Halt and Banking Optimism - 28 March, 2023 07:30 AM
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Low Resistivity Reservoirs: Path to Explore, Discover and Develop Call for Abstracts Expires in 9 days
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Newfoundland-based GRI Simulations has logged innumerable hours working on its Virtual Arctic Simulation Environment to enable scientists to evaluate the perilous area from the comfort of their offices.
It is perhaps the most ironic move in the industry in years. On Nov. 4, citizens in Denton – a city on the edge of the Barnett Shale in north Texas with a population of 123,000 – voted to ban hydraulic fracturing.
The idea of using lasers for drilling into the earth has long been to the oil and gas industry what flying cars and hoverboards are to the general public – the stuff of science fiction and futuristic fantasy. As 2015 fast approaches (contrary to what we were promised in the “Back to the Future” movies) we haven’t quite cracked the code yet on flying cars and hoverboards, but there might be a consolation prize in the works: Laser drilling may actually become a reality.
What’s new in downhole geology, you ask? According to the advertising and press releases that are sent throughout the media, there’s a lot that’s new – more, in fact, than we could ever cover. But since this is our annual Downhole Geology issue, we thought we’d take a look at some of the latest advancements in drilling, well-logging and other downhole innovations rolled out in recent months by a few industry heavy-hitters.
Pumps & Pipes brings together the newest technologies from the oil and gas, medical and aerospace professions in Houston to talk about something they all have in common: Problems. More specifically, members talk about problems because someone else in the room – from a completely different discipline and expertise – may already have found an effective solution.
At first glance it seems there’s not much overtly new about drilling in the Mississippi Lime – or overtly new about the Mississippi Lime play, either, for that matter – a play that oozes from northern Oklahoma through southern Kansas (and some say, perhaps, to Nebraska).
Construction continues for the new GE Global Research’s Oil & Gas Technology Center in Oklahoma City – part of the company’s three-year effort to triple R&D investment in the oil and gas industry. The $125 million facility “will be an incubator for new innovative technologies that will enable safe, efficient and reliable exploration, production, delivery and use of unconventional oil and gas.”
Coiled tubing (CT) has long been used to meet various needs in the oil and gas industry. In some instances, it is used to actually drill a well.
Recent announcements have positioned the Springer Shale as a potentially prolific producer at 12,500 ft depth, with Continental Resource’s initial tests producing more than 2,000 barrels per day.The Springer, which is a Mississippian-Pennsylvanian boundary zone formation has been an important oil and gas producer in both southern Oklahoma and in the Anadarko Basin.
The Granite Wash of the Anadarko Basin of Oklahoma and Texas has been a remarkable challenge with prolific results for operators who have solved the mystery of a highly complex play. With up to 18 producing zones, extreme compartmentalization, and pressures that can be challenging, all phases of exploration, drilling, and production require special knowledge.
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