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History matching is only one part of something more comprehensive—reservoir modeling.

In this paper, the authors derive and implement an interwell numerical simulation model (INSIM) that can be used as a calculation tool to approximate the performance of a reservoir under waterflooding.

Everhart Energy Technology, a startup company based in Beverly Hills, California, has developed a system it believes will help small to medium-sized operators cope with the reality that, while oil prices have fallen, their electric bills have not.

One of the latest offshore innovations from Statoil is nothing flashy, which is the point. A drawing shows a plain, steel jacket, standing in water 110 m deep, topped with a flat metal deck.

Achieving greater efficiency in perforation systems can help lower operating costs, particularly when completing long horizontal wellbores in unconventional plays.

The deepwater blocks Mexico plans to lease to international operators in December are among the deepest, most remote, and geologically challenging in the world. But the difficulties of developing these areas will start onshore, where adequate and secure port facilities are few and far between.

Melody Meyer, SPE, will retire from Chevron as president of Asia Pacific exploration and production effective 1 June, after a 37-year career with the company. She will be succeeded by Stephen Green. In her recent years with Chevron, Meyer played an important role in advancing the company’s Gorgon and Wheatstone projects in Australia, the Chuandongbei project in China,…

Ganesh Thakur, 2012 SPE President, was elected to the National Academy of Engineering. Thakur is president of Thakur Services. He was elected for his leadership in the implementation of integrated reservoir management techniques. His work is well-recognized in the emergence of reservoir management as an interdisciplinary practice. He is widely published and has served…

Behrooz Fattahi, 2010 SPE President and 2014 American Institute of Mining, Metallurgical, and Petroleum Engineers (AIME) President, was honored with the Orange County Engineering Council President’s Award. He is the president of EnerTrain Institute, which provides heavy oil recovery training and consulting. He has more than 37 years of experience in the industry and m…

In the Price of Oil, Roberto Aguilera and Marian Radetzki predict a dramatic increase in shale oil and other tight oil production from about 4 million BOPD today to as much as 40 million in 2035. This will have a limiting effect on oil price.