Research and Markets has announced the addition of the "Oil and Gas Technology-Recent Advancements in Plugging and Cutting Technologies for Abandonment and Conformance Control Operations" report to their offering.

The Oil and Gas TechVision Opportunity Engine (TOE) provides intelligence on innovations pertaining to technologies, products and processes, along with strategic insights, in the upstream and downstream processes in the oil and gas industry.

The volatility in oil prices over the past two years has pushed operating companies in the upstream segment to rigorously implement cost optimization strategies at every possible phase of crude production. With benchmark crude prices hovering around the $30 mark, key stakeholders are forced to cut costs and delay capital expenditures that will not contribute to revenue growth.

Due to this, wells which require additional equipment or tertiary recovery methods to produce above economical limits are being considered for temporary shut-down or decommissioning. However, decommissioning or abandonment is a non-revenue generating activity, which incurs costs of up to $10 million depending on the location of the well (onshore or offshore).

Therefore, oilfield services companies that offer these services have come up with innovative procedures, which can deliver significant cost benefits to the operator without compromising on safety.

The Materials and Coatings cluster tracks research & innovation trends and developments across specialty chemicals, plastics, polymers, chemicals, bio-chemicals, metals, coatings, thinfilms, surface treatments, composites, alloys, oil and gas, fuel additives, fibers and several other related technologies and its impact and application across industries.

The Sustainable Energy cluster provides global insights and intelligence on a wide variety of disruptive emerging technologies and platforms ranging from energy storage, advanced batteries, solar and wind energy, to unconventional oil, bioenergy, geothermal energy, and energy transmission.

Key Topics Covered:

  1. Hydrawash System for Plugging and Abandonment (P&A)
  2. Laser Plug Abandonment Method
  3. Cement Composition with Glass Additives for Plugging
  4. Swellable Elastomer Plug for Wellbore Plugging
  5. Gelled Foam Composition with Enhanced Foam Stability
  6. Cutting Tool for Decommissioning Operations
  7. Plasma-based Technology for Casing Section Milling
  8. A Dual String Section Milling (DSSM) Technology for Plugging and Abandonment

For more information about this report visit http://www.researchandmarkets.com/research/xs7c7x/oil_and_gas