Is the oil and gas industry not picking back up forever?

The present downturn has made large portions of us question whether the oil industry is dying. The quantity of oil and gas jobs lost amid this downturn is assessed to be between 400,000 – 500,000 around the world. In the meantime the industry faces existential dangers from preservationists, elective energy and electric cars.

Is the oil industry dying?

Here, we examine what is probably going to happen, and what you ought to do about it.

Change is surrounding us, in truth a large number of the suspicions that we experienced childhood with, that our folks showed us, are turning out to not be valid for us by any means. For instance:

  • There are no ‘jobs forever’ any longer, employer stability is a deception.
  • Education is being seen less as an early life occasion, and to a greater extent a deep rooted attempt.
  • The normal individual is encountering more continuous employment changes, and profession changes as well.
  • Technological propels undermine many jobs, and request that we investigate our ability sets and future prospects.

So instead of watching the oil cost, and pondering when the recuperation will begin (for us), we have to search internally, at things that we can control. Some of these things incorporate wellbeing, individual funds, preparing and proceeded with education. Fortunately, we can without much of a stretch discover the data that we require on the web. The conundrum is that these days we have less control of our professional stability, and more control of our lives when all is said in done.

A hefty portion of the more youthful oil and gas specialists are finding the need to take a gander at different businesses, not knowing when they may have the capacity to return. Continue reading

Basic Knowledge about Multilateral Well and Completion

A multilateral well is a well with two or more laterals (horizontal, vertical, or deviated) drilled from a main mother well. This allows one well to produce from several reservoirs. Multilateral wells are suitable for complex geology where drilling more new wells to penetrate to those reservoirs is not economical. Lateral sections may be used to produce from a separated section in depleted, faulted, layered and heavy oil reservoirs.

Figure 1 – Multilateral Well Bashkiria drilled in 1953 (Credit – http://www.drillingcontractor.org)

Figure 2 shows how multilateral wells fit with several geological structures.

Figure 2 – Multilateral well with different geological structure

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Directional Drilling Calculation Example for J-Profile Well

This article demonstrates how to design the well trajectory in J-shape from the surface location to the required target depth (TD).

Information Given

  • The surface location coordinate of Well-A is 6,543,065.00N 416,695.00E and the target is located at 6,542,213.00N 415,456.00E and the UTM zone is 31N.

  • Kick off depth = 4,200’MD/4,200’TVD
  • Planned build up rate = 2 degree/100 ft
  • Well profile = J-profile (build and hold)

The surface location coordinate of Well-A is 6,543,065.00N 416,695.00E and the target is located at 6,542,213.00N 415,456.00E and the UTM zone is 31N. Therefore, the surface and the target for Well-A can be illustrated is Figure 1. Continue reading

Drilling an oil well from surface drilling to completion – video training

This is one of excellent training video demonstrating the drilling process from start at surface casing to completing of the well in less than 7 minutes. This would be a good tool to teach people about drilling in our oil and gas industry. We also provide video transcription in order to help learners understand the content easily. If you love this content, please feel free to share with your friends.

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Petroleum Engineering Development Timeline fromĀ 1848-1959 (1st Part)

Petroleum engineering has been developed since the beginning of the 19th Century. The following images demonstrates petroleum technology milestone from 1848 – 1959. This is the first part of this series and more to come.

1848:World’s First Oil Well – Major Aleveev drills the world’s first oil well at Baku, Azerbaijan using a primitive cable-tool drilling technique which originated in ancient China.

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