Data and AI in the Petroleum Industry with Jeff Baetz

A hydrogen economy envisions using hydrogen as a clean, low-carbon, and versatile energy carrier and fuel. It offers benefits in terms of energy security, public health, and economic development. Initially, Blue Hydrogen manufactured from natural gas in combination with CCS could help diversify our market options while helping to reduce greenhouse emissions. It has the potential to generate new job opportunities for many of us in the O&G Industry. The global market for hydrogen and fuel cells is expected to grow from $5.5 billion in 2018 to $42.5 billion by 2026. However, Hydrogen is certainly not a silver bullet. A rapid expansion in hydrogen usage also requires that we collectively address several challenges and barriers especially in the areas of storage and transportation. Hydrogen and Ammonia should be seen as complementary energy delivery options that will rapidly expand alongside LNG, renewable, modular nuclear reactors, geothermal and small-scale hydro-projects. This SPE live will introduce the SPE Hydrogen Technical Section and discuss H2 as part of the energy mix, addressing the investment landscape and technical challenges and opportunities. Moderated by Zachary Evans, Sales Director Underground Storage, DarkVision. Speakers: Thomas Major, Managing Partner at MB Energy Partners Pedram Fanailoo, Director for the Low Carbon Segment for North America at DNV Additional resources via OnePetro Publications: Pore-Scale Investigation of Caprock Integrity in Underground Hydrogen Storage Predictive Power of Theoretical Adsorption Models for Hydrogen/Coal System: Implications for Hydrogen Geostorage Multiscale Model for Hydrogen Transport and Storage in Shale Reservoirs In-Situ Hydrogen Production from Natural Gas Wells with Subsurface Carbon Retention (Open Access)

For his April podcast, Terry focuses on how SPE engages with our external stakeholders, and more importantly, how we can help improve the industry's public image through programs like Energy4me.

During the last few years, there has been an increasing focus on automation solutions for drilling, with many of these solutions already in the market. Artificial Intelligence (AI) techniques are usually part of these solutions. During this SPE Live, we focus on AI systems that are targeting higher levels of automation, some reaching all the way to autonomy. One requirement for such systems to be taken into use is to be trustworthy. But what does this mean and how to achieve it? At the same time, drilling involves multiple providers, which reflects on the data and information flow, hence adding a new level of complexity for any automation solution. In drilling automation, usually several automation solutions from different providers need to seamlessly work together to ensure safe drilling operations. This raises several challenges when it comes to the stability of such a multi-agent system. The Verification and Validation subcommittee of the SPE Drilling Systems Automation Technical Section is focusing on how to address the verification and validation of the interplay in a multi-agent architecture with multiple providers and we discuss some of the current activities in this subcommittee. Speaker: Rodica Mihai, Senior Researcher in the energy modelling and automation group, at Norwegian Research Centre Moderated by Deep Joshi, Data Scientist at Quantum Capital Group. Additional Resources: JPT – Drilling Automation JPT – Drilling

Join us for an SPE Live episode on well intervention. Learn about the latest industry trends, innovations, and technologies with a preview of the SPE/ICoTA Well Intervention Conference and Exhibition on 19-20 March 2024, being held in the Woodlands, Texas - USA.  A Q&A session will then follow with questions from the audience, answered by our guests: • Pierre Ramondenc, Coiled Tubing Domain Head at SLB • Eddie Valverde, VP of Corporate Development at Emerald Surf Sciences • Luis Castro, Asset Surveillance and Intervention Leader at Baker Hughes. Moderated by: Carlos Torres, Founder and Owner at Royal Oaks Energy Services

In this month's podcast, Terry discusses the content created and delivered by SPE'S Multimedia team available to SPE members to help enhance their professional growth and technical expertise. 

Join us for an SPE Live episode on “The Future of Well Integrity” with a preview of the biennial SPE Europe Well Integrity Workshop on 5-6 March 2024, being held in Amsterdam, The Netherlands. We will retrace 2023 from the Well Integrity Technical Section perspective and provide a summary of great discussions held at the annual dinner at ATCE. We will also briefly introduce the upcoming SPE Workshop “The Future of Well Integrity” and provide a short summary of each session:  Setting the Scene for Well Integrity in the Energy Transition Leading practices within Well Integrity Understanding and Managing Risk The Challenges of Regulating Well Integrity Well Integrity for CCS Digital Well Integrity Measuring What Matters Future-Proofing Well Integrity A Q&A session will then follow with questions from the audience, answered by our guests: Michael Edwards , Founder and President at Edwards Energy Innovation, and Senior Executive Advisor at Partners in Performance. Kenny MacAllister, Managing Director, SealTite Kareem Shafi, Carbon Storage Manager, Global CCUS Projects, DRAX Moderated by: Pierre-Edouard Vincent, Completions and Well Interventions Manager, Trident Energy. SPE Europe Well Integrity Workshop

Join us for an SPE Live episode on “Innovation in Hydraulic Fracturing” with a preview of the SPE Hydraulic Fracturing Technology Conference and Exhibition on 6-8 February 2024, being held in the Woodlands, Texas – USA. We will retrace 2023 from the Hydraulic Fracturing Technical Section perspective and briefly introduce the following topics (to learn more, register to attend the 2024 HFTC) • Stimulation and completion designs • Diagnostic utilization • Computational fluid dynamics • Machine learning algorithms A Q&A session will then follow with questions from the audience, answered by our guests. – Karen Olson, SPE Completions Technical Director, and Senior Completions Advisor at Well Data Labs – Mike Mayerhofer, Director of Technology at Liberty Energy – Kyle Haustveit, Manager of Devon Energy Ventures Moderated by: Peggy Rijken, Chapter Manager, Geomechanics in the Chevron Technology Center Additional Resources: SPE Hydraulic Fracturing Technology Conference and Exhibition OnePetro Publications:  Hydraulic Fracturing  and Hydraulic Fracturing Fundamentals and Advancements

In this month's podcast, Terry will continue his discussion about the ways SPE connects our members to technology by focusing on SPE papers, JPT journals and other SPE publications.

As the need for global climate action gains scale and urgency, COP 28 provides a vital opportunity for countries to take stock of their progress, strengthen ambition and agree actions that increase the chances of meeting the aims of the Paris Agreement. This COP also marks a significant change of direction through its more inclusive approach to the oil and gas industry, which comes with high expectations. So how did it go and what does it mean for the oil and gas industry? COP28 is now upon us, and three key issues are playing out in the pre-negotiations and are likely to loom large over the proceedings. Setting a target to triple renewable energy supply globally by 2030. Agreeing language in the COP decisions on the ‘phase out of fossil fuels’. Operationalizing the Loss and Damage fund, agreed in principle at COP27, but so far without any details on implementation. Join us for a post-COP SPE Live Gaia Talk to hear how these issues landed and what the outcomes might mean for the oil and gas industry. Moderated by Trey Shaffer, SPE Sustainable Development Technical Section & Gaia Chair, and ERM Senior Partner Speakers: David Hone, Shell Brian Sullivan, Ipieca Arthur Lee, Chevron

Pressure transient analysis (PTA) is an important tool for petroleum engineers to characterize and evaluate oil and gas reservoirs. This is particularly true during the exploration and appraisal stages of a project to understand the nature of the reservoir and derive some of its critical properties but is also very valuable as a monitoring tool to track the evolution of properties altered by production operations or fluid fronts. The associated literature is rich in models, tools and methodologies that have been built over decades. Similar questions need to be answered in CO2 injection projects to characterize injectivity, formation petrophysical properties, reservoir extent or fluid front movements, however PTA does not appear to have garnered much interest for those applications. Be it in saline aquifers or in depleted oil and gas reservoirs, the application of PTA techniques either as evaluation or monitoring tools does not appear to have been studied extensively, even though physical phenomenon can potentially be more complex considering relative permeability changes, miscibility effects, phase changes, geochemical or geomechanical effects that can impact CO2 injection processes. This SPE Live aims at reviewing the state of the art and the current limitations of PTA usage for CCUS applications, determining areas of future research to better understand the impact of the physical phenomena involved, as well as outline best operational practices and interpretation tools that would unlock the value of transient flow tests in that field. Moderated by Florian Hollaender, Scientific Advisor at SLB. Speakers: o Mehdi Zeidouni, Craft & Hawkins Department of Petroleum Engineering Louisiana State University o Anton Shchipanov, NORCE o Jordan Mimoun, Empire Well Test Consulting