Journal of Petroleum Technology July 2012 : Page 1
CONTENTS Volume 64 • Number 7 18 GUEST EDITORIAL ON THE PRECIPICE OF A NEW ENERGY SOURCE? If a potential new source of energy called low-energy nuclear reactions comes to fruition, it will change how the world uses energy. 32 YOUNG TECHNOLOGY SHOWCASE A new technology may have a huge impact on reducing the cost of gas drilling and improving drilling performance. 40 APPS AND THE DIGITAL OIL FIELD The oil and gas industry tends to be resistant to marketing fads. This may be why, of the hundreds of thousands of apps now publicly available, only a few dozen are devoted to the industry. 48 DEEPWATER SPILL CONTROL DEVICES GO GLOBAL Two years after the first capping stack was quickly developed to shut off the flow of oil from the Macondo well, the industry has more than 15 capping stacks in service and on order to use worldwide today. Cover: Various oil and gas industry-related apps populate this tablet. Photo and artwork by JPT staff members Alex Asfar, Robin Beckwith, and Allan Jones. 54 CHINA’S SHALE GAS POTENTIAL LOOKS BRIGHT, BUT DEVELOPMENT RAISES QUESTIONS China ranks first in the world in shale gas in the ground, based on two massive basins. But the estimate is based on what is technically possible, not when, or if, anyone will produce that gas. 6 10 12 14 16 22 28 120 122 123 127 128 Performance Indices Regional Update Company News President’s Column Comments Technology Applications Technology Update People SPE News Professional Services Advertisers’ Index SPE Events 60 R&D GRAND CHALLENGES A ROADMAP FOR ADDRESSING ENVIRONMENTAL AND SOCIAL ISSUES ASSOCIATED WITH HORIZONTAL DRILLING AND HYDRAULIC FRACTURING The energy industry faces a massive communications challenge in persuading the public all over the world that horizontal drilling and hydraulic fracturing can be conducted safely. 64 MANAGEMENT WHY ASSET INTEGRITY IMPLEMENTATION OFTEN FAILS There are 10 main reasons why implementation of integrity management often fails. 66 INDUSTRY FOCUSES ON OPERATIONAL INTEGRITY, SAFETY AT OTC Coverage of the 2012 Offshore Technology Conference in Houston. Printed in US. Copyright 2012, Society of Petroleum Engineers. An Official Publication of the Society of Petroleum Engineers.
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