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With the current changes in the industry, are we seeing the demise of unconventional developments? No, clearly not. The unconventional industry is adapting to deliver the energy demands of the future despite the low oil price.
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This paper describes how seismic reservoir integration, advanced production analysis, and accurate nanoscale and 3D full-field simulations may address profitability issues and help oil companies to be more efficient in developing unconventional portfolios.
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This paper describes a methodology for classification of artificial-lift-system (ALS) failures and addition of a commonly used root-cause failure classification.
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When evaluating artificial-lift requirements, sometimes data present uncertainties at the initial planning stage. This paper presents the integrated and structured methodology that was used to deal with high-uncertainty conditions.
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This paper presents results from the analysis of the effect of in-fill drilling on parent-well performance, and describes a simplistic approach to understanding the effect of the quest for operational efficiencies and economic cycles on development strategies.
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Because the uncertainty analysis is complex and time consuming, in this paper, a stochastic representation of the computer model, called an emulator, was constructed to quantify the reduction in the parameter input space.
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With the easy conventional oil in Argentina having been produced, one remaining way to find new oil in existing fields is to convert fields from primary or secondary production to secondary or tertiary production, respectively.
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Young Technology Showcase—Top-Down Modeling: A Shift in Building Full-Field Models for Mature FieldsData-driven, or top-down, modeling uses machine learning and data mining to develop reservoir models based on measurements, rather than solutions of governing equations.
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Saudi Aramco's Manifa field demonstrates that our industry can operate in harmony with the environment. Industry needs to minimize the impact of drilling and producing unconventional resources.
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The renewable energy sector is showing strong global growth, especially wind and solar power, but oil shows no sign of losing market share in the global energy mix.