Interview-Innerview

Oh! They sound exactly the same!” Hold on, the coincidence doesn’t just lie in the similar pronunciation; an Interview really is an Inner-View. Before things get twisted and you accuse me of being too crude, here’s the disclaimer: These are all my personal views and tricks I trust by and use. As someone wisely said, “One would think that having communicated for so long humans have perfected the art. And yet nerves shake at the thought of answering a few people seated on the other side of the table.” Picture your latest table turning conversation and read on.

Show me yours and I’ll show you mine!
First things first, Interview is not just a conversation. It’s the entire package (of you). As stated earlier, it provides an Inner-view of you, the Interviewee, to the Interviewer. Now this ‘view’ depends on you. You are the Director of this Movie and you shall decide what you want the view to be. You can make this view as beguiling or as alluring as you want. And while you’re at showing your inners make sure you are receptive to what they have to show. Gather their feedbacks. Focus on how they react.

The Two-Piece Tease
The trailer for this movie is your CV. Know your audience and alter the scenes accordingly. That is, stick to the format the Interviewer has provided you with. You cannot expect them to have the same taste as you. Alter the ingredients according to them and yourself. Most importantly, get it spell-checked. And never commit the Carnal Sin of copying someone else’s CV.

Your Pace or Mine?
Once the Movie begins it is in your hands to set the pace and the tone. The audience has paid for the ticket and will at least sit till the interval. It is your job keep them enraptured and wanting for more. It is your duty to make them back come back with a big bucket of Popcorn and Nachos. Just as every movie goes, this one too should have balanced emotions. Keep it appealing but not too amusing to not believe. Make it Intense but not wild.

Dress to Impress
Your sartorial choices unknowingly manifest a lot about how much you value yourself. Please ensure that you are dressed well. Your clothes are ironed. Your shoes are polished and that your tie isn’t crooked. Wear a mild cologne. Avoid flashy socks and flashier belts. Carry yourself with pride and do not forget to wear the most important thing, a smile.

Let the fun begin
An actual Interview takes more than just a strong CV, tone and clothes. The most integral part lies in what really happens behind the closed doors. The questions asked can be broadly sorted into 3 areas, viz:

Questions on What you want?
Questions on Why you want you want?
Questions on What will you do to get what you want?

But they all aim at better understanding one Subject: YOU.
The questions that can be asked are far too many to express here, I am letting you experience them on your own. The key take away should be that you should be ready to answer all the questions on this subject you’ve been mastering for years.

Did you Fake it?
They might say, “Fake it till you make it.” But this is only partly true. You may fake it and procure things you may not deserve, or even really want. The people sitting on the other end of the table are experts at detecting fakes, so don’t even try to project an image of yourself that is untrue. You’ll just make a fool out of yourself.

The Climax
In the end, the main objective of this exchange-cum-transaction-cum-conversation is satisfaction. Even if the process of Interview is gruelling or worse, dull, and your audience ends up turned off, you should keep in mind there’s always someone having the same interests as you. A bad interview isn’t worth giving up, and no matter what, always remember that the senior-junior culture is at the heart of the SPE family: whether you’re in or out, we’re always there if you need us.

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NEW OILFIELD TECHNOLOGIES TO KEEP AN EYE ON!

Humans remain dependent primarily on oil and gas for its energy needs. With an ever increasing energy demand, we are in a need of revolution to extract more and more oil from the existing reserves and, simultaneously, keep exploring new reserves. It is often said that, ‘Necessity is the mother of invention’. As oil and gas gets tougher to find and extract, the cost of extraction escalates, and this drives innovation that makes the process more efficient and cost-effective.

Oil and Gas Industry is one of the most innovation driven industries with new technologies coming into existence every day. If all technological innovations produced by the Industry were added up, they would probably rival NASA’s space program or the Industrial Revolution. At present, Oil and Gas Industry is focusing on ‘Research and Development’ and the most evident example of this is United States doubling its rig count in first decade of 21st century.

Digital-Oilfield

The unconventional oil boom and off-the-chart production increases that occurred between 2008 and 2014 in the U.S. were driven mostly by technology, and chief among these technologies were horizontal drilling, hydraulic fracturing, and the use of proppant. Currently, the Industry is facing depression due to lower oil prices and companies are focusing on technological advancement to have an upper hand in reducing the production cost and getting a firm hold in the market.

 

So, let’s take a close look at the few technologies that are being used in oilfields and what can we expect from them in the near future.

 

HORIZONTAL DRILLING: In modern horizontal drilling techniques, the drillers, continuously, drill straight down until they hit shale and then use the directional drilling technique to bring the drill string parallel to the shale layer. Downhole motors and advanced measurement using drilling sensors at selected intervals along the drill string help the crew above ground to steer the drill and make real-time adjustments based on directional data.screen-shot-2015-02-25-at-2-05-42-pm

HYDRAULIC FRACTURING: Multistage hydraulic “fracking” increases the speed and precision of the fracturing process, increasing cost-effectiveness and production output. Area residents and environmental groups have raised concerns about possible effects of this method on groundwater and air quality, but environmental impact studies suggest that horizontal drilling’s effects are comparable to conventional techniques.hydraulic_fracturing_rev

 

 

DIGITAL TECHNOLOGIES: Data gathering and sharing, advanced collaboration, and telepresence are likely to continue playing an increasing role in efficient management of existing fields and new developments. In existing fields, these technologies fundamentally help to extend asset life, more proactive maintenance of equipment, predict failures by means of condition monitoring, reduce personnel exposure, and prevent downtime. Digital monitoring and control technologies also are a key to continuing efforts to mitigate risk of operational disasters.istock_000027533617_large

 

MONOBORE: Monobore, or single-string completions, have come into usage in some of the North American unconventional plays. Since you don’t have to transition the casing sizes, there is less down time in the drilling operation, and if you’re using larger casings, your flow rates will be increased.3775371-14651520557304175_origin

 

Technological improvements continue to be a major driving force in the Oil and Gas Industry, with the current downturn providing the opportunity to build on those improvements around efficiency. Less waste is good for the operators, for the financial backers, and most of all for the long term energy needs of our world.

HUM OF BEES AND ODOUR OF PINKS, OIL PRICES FORESEEING, NOISES UNINVITED

“It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief, it was the epoch of incredulity; it was the season of Light, it was the season of Darkness; it was the spring of hope, it was the winter of despair; we had everything before us, we had nothing before us; we were all going direct to Heaven, we were all going direct the other way.” Charles Dickens contrast from the ‘Tale of Two Cities’, we thought was the perfect depiction of LIFE (though he talked of French Revolution). Beguiling is the fact, OIL PRICES reminds me of the erstwhile libretto. Life might be a roller coaster ride, but oil prices are Middle Moor Water Park’s Human Trebuchet, thrilling and ebbing yet flowing.blog article 1 graph 2

$100 and above, the price range between 2011 and 2014 clearly spurted of cynical days for the supply chain. As sentiment driven as it was, the sudden fall of oil at $30 was a deplorable situation and was, believe it or not, much more sentimental. At this stage, we assume plodding demands and look for incremental barrels. The present may not seem healthy but the future is resolved.

Certain factors attract attention when talking of today’s pricing sentiment. A major point that should have the producer’s eye, but is ignored is the fact that after a well is drilled, the production begins 5 months past that time. When alarmed of increasing production, the analyst chose to snub the former. The Industry saw declines in production in 2016 due to the reduced drilling in 2015, considering the enough production rates then. Hence, the US Production rates can’t get the Industry back to its feet. The RIG count is high in Saudi Arabia, and so are its production amounts. A planned invest in Iran’s Oil fields, despite sanctions and lower rates, could be a driver. OPEC shall be crucial in this period. Avoiding further cuts is a step to our win.

blog article 1 graph 1

The stand-back might not be as quick as the downfall but, it sure is in place. From $28 to $50 oil has been ticked back. A team at Secular Investor stated, “Driving season is about to start and while this might merely compensate for the lower heating-related oil demand, it will help to reduce the inventory levels of crude oil and oil derivatives.”

SOURCES:

https://info.drillinginfo.com/price-of-oil-looking-ahead/

http://oilprice.com/Energy/Energy-General/OPECs-Proposed-Cut-Will-Not-Be-Enough-To-Boost-Oil-Prices.html

http://www.marketwatch.com/story/oil-prices-build-on-rebound-amid-production-cap-talk-for-libya-nigeria-2017-07-11

 

The Inception

The UPES SPE Student Chapter is a not-for-profit professional organization in the Oil and Gas Industry whose mission is to collect, disseminate and exchange technical knowledge concerning the exploration, development and production of oil and gas resources as well as the related technologies for the public benefit and to provide opportunities for professionals to enhance their technical and professional competence.

We believe in expanding our horizons and reaching out to the budding professionals in order to get them acquainted with the norms and practices of the Industry. In simpler terms, ‘Enhancing Competence’ is what we aim for and we hope that this blog achieves the same.

The blog serves as a medium to garner succinct yet lucid insight of the Oil and Gas Domain. The information broadcasted via this blog will be inked by some of our esteemed faculties as well as Industry professionals who have had ample experience under their belts. Alongside the introspective articles, we will also be focusing on the personality grooming essentials of an individual. Thus, being associated with us will indefinitely help you speed up your process of morphing into an efficacious Petroleum Engineer.

We will be encompassing both the Upstream and the Downstream sectors which, in turn, will contain an array of domains such as Drilling, Exploration, Production, Refining, Petrochemicals and HSE. Besides these technical articles, we also have a few non technical ones to offer which will be posted every alternate week. The non technical articles will consist of several everyday life topics that fall under the genre of travel, fashion, psychology and satirical writings.

We’ll be greeting you with our first article in the upcoming week. Until then, keep learning; keep growing!