Monday, August 27, 2018
SPE Highlights the Biggest Challenges Facing the E&P Sector
An oil and gas vice president and former CEO with diverse experience, William Kelleher has led asset valuation and operations at West Energy Capital since 2017. Throughout his career as a CEO, William Kelleher has held membership with the Society of Petroleum Engineers (SPE).
SPE is dedicated to providing its members with the resources they need to thrive in the oil and gas industry. Through its Research Development Technical Section (formerly the SPE Research & Development Committee), the society has identified several “grand challenges” that the exploration and production (E&P) sector must overcome to meet energy demands while also promoting sustainability.
One challenge that the section highlighted is the issue surrounding the use of higher resolution subsurface imaging for hydrocarbon reservoirs. Additional research and development is required to produce imaging technology that is capable of modeling subsurface images with true clarity.
The reuse of produced water has been another major issue facing E&P entities in recent years. This is because there is no way of recovering hydrocarbons without generating produced water, which contains such pollutants as heavy metals and total dissolved solids (TDS). Moreover, this byproduct is the largest source of waste in the hydrocarbon recovery process. E&P entities are attempting new methods of treatment to minimize the contaminants in produced water so it may become eligible for reuse.
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