Meeting Society’s Expectations
IPIECA is the global oil and gas industry association for environmental and social issues. Executive Director Brian Sullivan tells us about its aims and its importance to the industry and…
Worldwide
Embracing Energy
What are the alternatives? The mood in the O&G industry is undoubtedly pessimistic. In a recent survey of 6,000 industry professionals*, nearly 50% of respondents declared themselves to be ‘not…
Yemen: The Issues
Yemen has plenty of potential – but the country’s war has significance far beyond its boundaries. Despite having known reserves and promising potential, as discussed in the complimentary article Petroleum Basins…
Tough Times Still Ahead
Six factors suggest the oil price will remain low in 2016. Oil prices fell markedly in December and still further in January, dropping below $30/barrel for a short time. The…
Finding A&D Opportunities in the Fog
Global upstream exploration deal flow in a declining commodity price market. When assessing opportunities for successful acquisition and divestment of upstream assets, looking into the future can perhaps be compared…
Drone Magic
Photographs acquired through unmanned aerial vehicles are revolutionising digital outcrop models, allowing geoscientists unprecedented insight into subsurface reservoirs. “When developing an oil field or, for that matter, any subsurface resource,…
The Digital Oilfield Are We There Yet?
A complete and integrated workflow for reservoir and production management. The last few years have seen a growing focus on the digital oilfield and a future environment where operators integrate,…
How Much is ‘A Tiny Fraction’ 20 Years From Now?
The world’s use of energy will increase in years to come. There is plenty of oil to cover demand. However, the big question is if, and possibly at what rate,…
A Wind of Change?
A recent UN agreement aimed at countering anthropogenic climate change is predicted to have a major impact on the oil and gas industry. What, if anything, is being done to…
Supercomputers for Beginners – Part III. GPU-Accelerated Computing
Many TOP500 supercomputers today use both CPUs and GPUs to give the best of both worlds: GPU processing to perform mathematically intensive computations on very large data sets, and CPUs…
2015 Exploration Results: Eni Best in Class
Measuring success with the drill bit. Prior to official results, the speculation for 2015 was that discovered hydrocarbon volumes would continue their downward trend. The results now in show that…
An Electrical Rock Physics Framework For CSEM Interpretation
A low-resolution rock physics framework relating CSEM-derived Rn measurements to reservoir properties can provide precise property estimates even in high-uncertainty settings. In the November 2015 issue of the AAPG Explorer,…