Only a couple of years ago, while the world reeled from the economic effects of the global recession, the oil and gas industry benefited from high consumer demand and rising crude valuation. OPEC crude oil prices went up as high as US$109.45 per...
Digital Technologies Offer Great Value to the Global Oil and Gas Industry
by SPRI Team | Jul 30, 2018 | Technology
Data Visualization of Reservoir Analysis: Reinventing Upstream O&G
Subsurface data is the bedrock of upstream oil and gas. The giant companies that set the tone for the industry (known as supermajors) rely heavily on huge amounts of data to make decisions on acquisition drilling and completion operations. But...
by SPRI Team | Mar 02, 2018 | Technology
Petrophysical Analysis and Software: The Future of Field Development
The exploration and evaluation steps in a field development project are two of the most difficult processes in the entire field development life cycle, as history dictates. This is due to the complex nature of determining the quality, type and...
Read Moreby SPRI Team | Dec 27, 2017 | Technology
Geological Interpretation Software: A Short Review
A staggering number of geological interpretation software packages are on the market. The pricing options and features are almost as diverse as the number of programs available to oil and gas operators, geological service companies and oil and...
Read Moreby SPRI Team | Oct 29, 2017 | Technology
Petrophysical Interpretation Software and an Old Truck
Someone told me a story years ago about the “good old days” of prospecting for oil and gas leases. One of the bigger outfits would send surveyors all over West Texas to evaluate properties, shoot seismic and eventually make a recommendation about...
Read Moreby SPRI Team | Oct 14, 2017 | Technology