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Ingenuity in the Patch

New Technology Magazine is the best source for stories about new and cost-saving technologies in the upstream oil and gas industry.

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Chasing Leaks

Read more...The rapid upswing in natural gas production in North America brought on by the advances in horizontal drilling and multistage fracturing technology has long been thought to have an environmental silver lining. As natural gas increasingly re­places coal in electricity production, greenhouse gas emissions are believed to have declined because coal produces almost twice the CO2 as natural gas when burned.

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A Nose For Microseeps

TECHNOLOGY STARS WINNER: EXPLORATION

Sky Hunter sensors detect underground hydrocarbons from the air

A proprietary surveying technology that maps microseep data from the sky might seem like an obvious win in the exploration of new oil and gas fields, but it is also a valuable remote sensing tool for monitoring projects already underway in the oilsands, helping companies ensure they do not unintentionally miss any bitumen beneath the ground.

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Capturing Uncertainty

TECHNOLOGY STARS RUNNER-UP: EXPLORATION

Exploration software quantifies geologic risk

For the first time, reservoir modelling workflow software exists that not only creates a geological model while conducting seismic interpretation, but also captures reservoir uncertainty throughout the process.

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Ahead Of The Curve

TECHNOLOGY STARS WINNER: DRILLING

Fracking technology leader transforms the drilling process

When a company sets out to change an industry standard, even one that will save millions, it doesn’t always find a receptive audience. When Packers Plus Energy Services, a pi­oneer of the multistage fracturing technology that helped launch the shale gas revolution, saw an opportunity to improve the drilling and completions process in a way that would cut costs up to 30 per cent, it found just such an audience.

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