Asset Management
Operators struggle to understand proppant placement beyond the fracture, and that’s the information that could be the key to boosting EUR.
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
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A few months ago while at lunch with a project team, I heard an engineer lament about how much more difficult it is to execute a project now than in years past.
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SPE’s technical directors are focused on problems that require working outside the bounds of their discipline.
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The number of aging offshore facilities in the Asia Pacific region is increasing. The decision to extend the service life of an offshore asset is made on the basis of detailed technical analyses combined with detailed economical evaluations.
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In the northeastern desert of Utah, a new type of oil sands extraction technology has been born. The company behind it claims the process is the most cost-effective and environmentally sound way to develop oil sands.
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This paper describes a case study in which four reservoir models were coupled with a production-network model, with the objectives of maximizing recovery factors, identifying operational problems, and evaluating water-production effects.
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The realization that we should not look at any individual aspect of how to estimate unconventional reserves and resources properly without considering its place in the project life cycle reflects a maturity within the industry.
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In this paper, the effect of timing and pattern of well placement on NPV is studied. Three scenarios were evaluated.
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The implementation of the PRMS has contributed significantly to the understanding of the hydrocarbon-maturation process in the Netherlands.
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This paper presents methods for production forecasting that give reasonable post-treatment predictions that have been found to be useful for economic planning.
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A webinar examined reasons why projects fail to meet profit expectations and how success potential can be enhanced.