On the Cover

A member of a BJ Services hydraulic fracturing team prepares a wellhead for high-pressure treating iron pipe connections before a fracturing treatment.

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Special Features

Q&A

Continuing a series of conversations with outstanding SPE members in recognition of the Society's 50th anniversary. JPT talks to Arlie Skov, an active member of SPE for more than 5decades and a former executive with Sohio and BP.

Guest Editorial • Oil and Efficient-Market Theory

How efficient is the modern global oil and gas market? Rodney Schulz, founder of Schulz Financial, argues that a Nobel Prize-nominated theory offers energy firms an opportunity to quantify their risk statistically and make decisions accordingly.

Technology Update

The E&P arm of Mexican state oil company Pemex faced the same challenge as many upstream oil and gas companies—large amounts of valuable data, tedious methods for managing it, and employees across the company struggling to access, share, and analyze historical and current data to make timely, well-informed decisions. But applying new methods and software allowed them to get a handle on all of that information and has improved several upstream processes.

Management • Getting There from Here—Global Energy Transitions Planning

How should the oil and gas industry transition itself for the future? Global energy planning is needed at all organizational levels so that regulators and companies can optimize energy mixes by evaluating the value added over time of each resource and applicable technology.

OTC Preview

This year's Offshore Technology Conference, to be held 30 April–3 May in Houston, is built around the theme, "Transforming the Industry." Featured speakers include such oil and gas industry notables as Chad Deaton, Chairman and Chief Executive Officer of Baker Hughes; Mark Jackson, President and Chief Operating Officer of Noble Drilling; Xizhao Jiang, President of China National Offshore Oil Corporation Engineering; and UK Energy Minister Malcolm Wicks.

Hydraulic Fracturing

Overview

Simon Chipperfield, SPE, Gas Exploitation Team Leader, Santos Ltd.

Optimizing Completion Strategies for Fracture Initiation in Barnett Shale Horizontal Wells

Design of a Fracturing Fluid for a Deepwater Well

Imaging Hydraulic-Fracture-Induced Seismic Deformation

Characterization of a Shallow Horizontal Fracturing Treatment in Western Missouri

Production Operations

Overview

Bob Poe, SPE, Engineering Advisor, Schlumberger Data and Consulting Services

Gas/Condensate Wellbore Modeling Using a Fundamental Approach

Production-Well-Testing Optimization With Multiphase Flowmeters

Effect of Non-Darcy Flow on Well Productivity of a Hydraulically Fractured Gas-Condensate Well

HP/HT Challenges

Overview

Robert MacAndrew, SPE, Chief Executive Officer, Aberdeen Drilling Management Ltd.

Swelling Packers Solve Zonal-Isolation Challenge in Oman High-Pressure Wells

Acid Stimulation of High-Temperature Sandstones in Eastern Venezuela

Ultradeep HP/HT Completions: Classification, Design Methodologies, and Technical Challenges

Departments

Performance Indices

Regional Update

Company News

Petroleum Industry 2020

Abdul-Jaleel Al-Khalifa

Comments

John Donnelly

Technology Applications

techbits

Meetings

People

SPE News