Exploring the environmental strategy of big energy companies to drive sustainability

The purpose of this research is to provide an in-depth evaluation of the environmental strategy of the biggest energy companies to drive sustainability, i.e., for both business and the environment as a collective entity. Rooted in the theory of Corporate Social Responsibility (CSR), a secondary data analysis was conducted on the top five energy companies (i.e., British Petroleum (BP), Exxon Mobil, Gazprom, Sinopec and Saudi Aramco) as published by Enercom (2016) to investigate their approach to sustainable development. To do so, each company's environmental strategy was evaluated in order to gain a clear understanding of their implemented procedures for sustainable development towards future. This research paper gives an insight in to the main energy companies' impact on nature and assesses how sustainable their strategies are towards environmental issues. Through this evaluation, we clearly identified how climate change forces companies to be responsible towards society, the economy, and the environment. This study's finding contributes to the present body of knowledge and highlights how the big energy companies have taken responsibility for their actions towards environmental issues

Numerical approximation improves well survey calculation

It is now possible to improve the precision of well survey calculations by order of magnitude with numerical approximation.Although the most precise method of simulating and calculating a wellbore trajectory generally requires more calculation than other, less-accurate methods, the wider use of computers in oil fields now eliminates this as an obstacle.The results of various calculations show that there is a deviation of more than 10 m among the different methods of calculation for a directional well of 3,000 m.1&nbsp;Consequently, it is important to improve the precision and reliability of survey calculation-the fundamental, necessary work of quantitatively monitoring and controlling wellbore trajectories.</p

Improved method makes a soft landing of well path

Research and field experience have shown that well-path control is important in many cases, not only to reach the desired coordinates, but also to arrive at the well completion target from the preferred trajectory.</span

Practices and prospect of petroleum engineering technologies in ultra-deep sour gas reservoirs, Yuanba Gasfield, Sichuan Basin

Located in the Sichuan Basin, the Yuanba Gasfield is the deepest marine sour gas field among those developed in China so far. Its biohermal gas reservoir of the Upper Permian Changxing Fm is characterized by ultra depth, high content of hydrogen sulfide, medium–low porosity and permeability, and small reservoir thickness. Economic evaluation on it shows that horizontal well drilling is the only way to develop this gas reservoir efficiently and to reduce the total development investment. At present, the petroleum engineering technology for this type of ultra-deep sour gas reservoir is less applied in the world, so an ultra-deep horizontal well is subject to a series of petroleum engineering technology difficulties, such as safe and fast well drilling and completion, mud logging, well logging, downhole operation, safety and environmental protection. Based on the successful development experience of the Puguang Gasfield, therefore, Sinopec Southwest Petroleum Engineering Co., Ltd. took the advantage of integrated engineering geology method to carry out specific technical research and perform practice diligently for 7 years. As a result, 18 key items of technologies for ultra-deep sour gas reservoirs were developed, including horizontal-well drilling speed increasing technology, horizontal-well mud logging and well logging technology, downhole operation technology, and safety and environmental protection technology. These technologies were applied in 40 wells during the first and second phases of productivity construction of the Yuanba Gasfield. All the 40 wells have been built into commercial gas wells, and the productivity construction goal of 3.4 billion m3 purified gas has also been achieved. These petroleum engineering technologies for ultra-deep sour gas fields play a reference role in exploring and developing similar gas reservoirs at home and abroad