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Oilfield-Technology-March-2019-(1).Pdf EXPLORATION | DRILLING | PRODUCTION MARCH 2019 From the to the Permian Bakken No matter the shale play, we have the equipment you need to tackle your intervention challenges. Learn more about how our intervention and stimulation equipment helps you handle multi-well and extended-reach operations at nov.com/intervention. © 2019 National Oilwell Varco | All Rights Reserved 47 22 March 2019 Conntentstents Volume 12 Issue 03 03 Comment 27 Collaborative completions Dale Logan, C&J Energy Services and Panos Adamopoulos, Seismos, USA, examine a combination of new technologies designed to optimise horizontal completions. 05 World news 30 Developing a digital future Manoj Nimbalkar, Weatherford International, USA, discusses recent advances 10 Weighing the odds in digital and cloud-based technology designed to drive oilfield productivity. Oilfield Technology Correspondent, Gordon Cope, reviews the state of the upstream industry in the Middle East and Northern Africa. 33 Thinking outside the box Andrew Poerschke, Teddy Mohle and Paul Ryza, Apergy, discuss a new 13 Leveraging legacy data approach to implementing artificial gas lift designed to improve production Jo Firth and Priyabrata Pradhan, CGG, UK, explore the value in in declining wells. reprocessing legacy seismic data sets. 37 Keeping things crystal clear 18 A critical component Simon Larson, Siemens, Sheng Kun Sun, CNPC, and Xiao Ming Sun, Tom Hewitt, Jordan Lewis, and Stephen Forrester, NOV, examine the use Liaohe Petro Engineering Company, review water treatment measures of custom solutions to the challenges of North American coiled tubing. designed to comply with China’s tough new treatment standards. 23 Enhancing tubing technology 41 Well Control Q&A Irma Galvan, Global Tubing, USA, explores how the rise of ‘super lateral’ Oilfield Technology invited experts from Cudd Well Control, Halliburton, wells is driving the optimisation of coiled tubing interventions. RESMAN and Wild Well Control to share their knowledge on a variety of well control topics. Front cover Abaco Drilling Technologies is 46 An integrated approach EXPLORATION | DRILLING | PRODUCTION MARCH 2019 a leading technology-driven Michael MacMillan, C-Innovation, USA, discusses the benefits that a manufacturer of power sections single-source ROV and vessel support services solution can deliver for subsea for oil and gas drilling and construction projects. thru-tubing operations. Our modern facilities, precision manufacturing capabilities, quality control, R&D, and engineering proficiency deliver ideal elastomer and power section solutions that increase efficiency, improve safety and maximise downhole performance. Follow us on Twitter Join us on LinkedIn More from @OilfieldTechMag Oilfield Technology Read on the go Like us on Facebook App available on Apple/Android Oilfield Technology ISSN 1757-2134 Copyright © Palladian Publications Ltd 2019. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted Oilfi eld Technology is audited by the Audit Bureau of Circulations (ABC). An audit certifi cate is in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the copyright owner. available on request from our sales department. All views expressed in this journal are those of the respective contributors and are not necessarily the opinions of the publisher, neither do the publishers endorse any of the claims made in the articles or the advertisements. Printed in the UK. +1.713.849.2769 | cuddwellcontrol.com CRITICAL WELL INTERVENTION SERVICES When faced with a critical well event, you need to rely on the experienced well control leaders to resolve your situation quickly and safely. Cudd Well Control promptly responds to assess the situation and develop a plan of action to return your operations to production. • Well Firefighting/Blowout • Surface and Subsea Well Control • Gate Valve Drilling Operations • Well Recovery Operations • Freeze Operations • Well Control Engineering • Hot Tap Operations Comment March 2019 CContactontact uuss David Bizley, Editor david.bizley@oilfi eldtechnology.com Editorial Managing Editor: James Little [email protected] fter a gloomy start to 2019 and the January slump that saw Editor: David Bizley oil prices fall to the low-US$50s, Brent crude is back on the [email protected] rise again – at least for now. Editorial Assistant: Aimee Knight A [email protected] The return of Brent crude to the mid-US$60s range has largely been driven by OPEC’s continued output cuts. OPEC and Design its allies have actually over-delivered on the cuts with a further Production: Hayley Hamilton-Stewart 300 000 bpd decline. According to a Reuters survey, the 11 OPEC members bound by the [email protected] deal managed to achieve 101% compliance with the agreed-upon cuts, up from 70% in Sales January. Saudi Arabia alone produced 130 000 bpd less than in January, whilst Kuwait, Advertisement Director: Rod Hardy 1 the UAE and Iraq also all made significant cuts. [email protected] Adding an interesting geopolitical twist to the proceedings is the fact that these Advertisement Manager: Ben Macleod increased cuts have occurred despite US President Donald Trump urging OPEC and its [email protected] allies to produce more and reduce efforts to raise prices. When questioned by Reuters, Website sources at OPEC simply said: “We are sticking to the plan.”2 Website Manager: Tom Fullerton Involuntary cuts also played a part in the production decline. Venezuela’s already [email protected] ailing output was hit by newly imposed US sanctions on PDVSA. Once a leading global Digital Editorial Assistant: Nicholas Woodroof supplier, and despite being blessed with vast natural reserves, Venezuela’s output has [email protected] fallen significantly as a result of years of mismanagement. Iran also continues to be the subject of US sanctions, which have seen its output fall. Some estimates show that the Marketing sanctions on these two countries have taken as much as 2 million bpd of supply off the Subscriptions: Laura White [email protected] global market. Reprints: Analysts are treating the news of tightening supply with some optimism – a [email protected] note released by Barclays was quick to point out that: “OPEC exports are off by over 1.5 million bpd since November”, and a spokesperson for Fitch Solutions was quoted as saying that they expected Brent crude to average US$73/bbl this year.3 Palladian Publications Ltd, 15 South Street, Farnham, Surrey GU9 7QU, UK Another factor driving up prices is the news that the US and China could be close to Tel: +44 (0) 1252 718 999 Fax: +44 (0) 1252 718 992 signing a trade deal that would end the ongoing tariff row between the two economic Website: www.oilfieldtechnology.com giants. The disagreement, which had seen heavy tariffs placed on hundreds of goods including solar panels, washing machines, aluminium, airplanes, cars, pork, and soybeans, had been acting as something of a wet blanket on the global economy. The news that this dispute could soon be over has boosted hopes that economic activity will increase and drive further oil demand. Given the current rate of progress, a formal trade deal could be agreed upon by President Trump and President Xi by the end of March.4 All things considered, the signs are looking fairly positive for the upstream sector – challenges still remain, but the silver linings currently outnumber the clouds. As we head into spring, here’s hoping that the signs of new life continue to grow and eventually bloom. SSubscriptionubscription Oilfield Technology subscription rates: Annual subscription References £80 UK including postage/£95 overseas (postage airmail). Two 1. ‘In rebuff to Trump, OPEC oil output drops further in February’ – https://uk.reuters.com/article/ year discounted rate £128 UK including postage/£152 overseas (postage airmail). uk-oil-opec-survey/opec-oil-output-drops-further-in-february-as-saudi-over-delivers-on-cuts- Subscription claims: Claims for non receipt of issues must be idUKKCN1QI4GT?rpc=401& made within three months of publication of the issue or they will 2. Ibid. not be honoured without charge. Applicable only to USA & Canada: OILFIELD TECHNOLOGY 3. ‘Oil climbs on US-China trade deal hopes, OPEC’s deepening supply cuts’ – https://www.cnbc. (ISSN No: 1757-2134, USPS No: 025-171) is published monthly com/2019/03/04/oil-markets-us-china-trade-opec-in-focus.html by Palladian Publications, GBR and is distributed in the USA 4. Ibid. by Asendia USA, 17B S Middlesex Ave, Monroe NJ 08831. Periodicals postage paid New Brunswick, NJ and additional mailing off ices. Postmaster: Send address changes to Oilfield Technology, 701C Ashland Ave, Folcroft PA 19032. March 2019 Oilfield Technology | 3 TERMINATOR SACRIFICIAL DEPLOYMENT MOTOR Final string deployment Disposable motor Fully confi gurable Value added solution Visit www.downholeproducts.com to fi nd out more World news March 2019 Tendeka secures multi-million-pound AICD contract to boost oil recovery in Middle East IInn bbriefrief Independent global completions service company Tendeka has secured a further multi-million-pound contract with a major national oil company in the Middle East. The agreement will see Tendeka provide reservoir modelling and the installation of its Senegal FloSure Autonomous Inflow
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