Testing page for app
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Simulation of coupled flow and geomechanics is of rising importance as unconventional subsurface exploration pushes the operational envelope of geological media.
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There has been increasing interest in integrated simulation of reservoirs, wells, and surface facilities, which is particularly important for companies with major assets in deep offshore fields.
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Field X in the North Sea was discovered in the 1980s, and large subsurface uncertainties exist regarding reservoir extent, fluid contacts, and reservoir properties.
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Constructing and refining complex reservoir models are challenging and time-consuming tasks that entail a high degree of uncertainty.
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One thing this cycle has in common with all of the other down cycles the industry has been through is that most companies ignore the opportunities a down cycle presents.
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The National Energy Technology Laboratory (NETL) of the US Department of Energy (DOE) supports a wide range of research and development (R&D) projects to develop technology for enhancing deepwater capabilities and improving safety and protection of the environment.
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The design of fixed offshore platforms requires a minimum clearance from the mean water level to the topsides structure. This clearance is generally referred to as an air gap.
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Price competition among makers of perforating guns has gotten brutal, even by the rough standards of unconventional oil business where depressed oil prices have led to deep budget cuts.
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Technology developers are working on a new ultrasonic flowmeter for drilling fluids aimed at obtaining better measurements than current systems with far fewer disruptions to rig systems.
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