Mature fields
This study leverages oil-fingerprinting technology and geochemical data to evaluate the fluid connectivity between a main field and its stepout wells.
The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
-
The framework and success of future opportunities is reliant on the data used to quantify them, and this is something of which all mature fields have plenty. As they have delivered value throughout their life, the uncertainty associated with them reduces, and the new ideas discussed here come to light. -
The authors of this paper describe a three-way coupled modeling approach that integrates dynamic, geochemistry, and geomechanics models to obtain cumulative effects of all three changes to evaluate future carbon dioxide storage.
-
The complete paper describes a combination of best practices and innovative techniques that help to provide rig-based and rigless opportunities by estimating potential and risk in a naturally fractured reservoir.
-
This study evaluates well integrity and CO2-leakage risk in wells penetrating a CO2 storage reservoir in Malaysia.
-
This paper presents results from evaluating the rate of thermal energy that can be extracted under various completion scenarios in end-of-life oil and gas wells using a transient flow simulator.
-
Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
-
Injecting gas plus water proved more effective and less costly than gas-only injection in the Bakken.
-
Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
-
The authors of this paper use a pattern-review technique in a complex brownfield as a tool to understand reservoir connectivity and dynamic fluid movements across the field.
-
How do you make new money from old offshore fields? The choice between investing in older assets or decommissioning them depends on oil and gas prices, the ingenuity of technical people, and the willingness of a company’s executives to hold on to older assets.
