Special reports

Canada’s oilfield services industry saw a major turnaround in 2017 as higher oil and gas prices resulted in increased capital investment by producers. The third annual JWN Oil & Gas Service & Supply Outlook Survey finds the sector still in recovery mode, with most companies remaining shy on spending capital for growth. Companies also continue to look for diversification opportunities within the industry, into new markets, and into other industries. And they continue to invest in new technologies to make their operations — and their customers’ operations — more efficient.

Recently, JWN Energy hosted Achieving Better Technology Validation & Adoption Success. This event brought together stakeholders to identify the barriers and advance the solutions to improve technology validation and adoption. JWN has compiled a summary report outlining the key findings from the discussion.

The energy industry operates in a complex environment across multiple geographies in highly intricate business models across subsidiaries, joint venture and supplier/subcontractor relationships. These factors make the energy industry ripe to benefit from blockchain advantages such as digitalizing and simplifying transactions, enhancing security and fraud prevention, and cost reduction and accelerated efficiency.

There is a technological shift in how oil and gas companies collect, track and store data as more shift towards reporting automation and digitization. Spira Data Corp.’s robust, configurable cloud-based ORPTM solution offers a paperless solution that enables collection of field data and transmitted effortlessly and seamlessly to the back office.

The total global spend on upstream oil and gas M&A reached $41.7 billion in Q3 2017. Evaluate Energy’s latest report highlights all the major deals and transaction trends around the world.

A review of all M&A deals impacting Canada’s upstream industry in October 2017.

As the Canadian market faces $50/bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments. Alberta’s industry can apply learnings from more mature markets to dramatically reduce inefficiencies.

Most oilfield assets are equipped with supervisory control and data acquisition (SCADA) which requires producers to collect data often in an ad hoc way. New remote-sensing technologies are offering the opportunity to remotely monitor production assets while gathering valuable, real-time data.

With a better understanding of fracture stress, operators can promote shear fracture development without impinging on fracture development in successive stages. This white paper examines the rock stress after a stage has been stimulated and how that impacts fracture complexity, fracture surface area and reservoir drainage efficiency.