Reservoir
Latest 5-year assessment puts undiscovered technically recoverable gas resources on the US Outer Continental Shelf at 218 Tcf.
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Unwanted water production can erode well performance and asset economics if left unmanaged. Interwell’s precision water shutoff approach, grounded in diagnostics and engineered isolation, helps operators identify water-entry points, protect hydrocarbon flow, and restore sustainable well performance in mature and complex wells.
More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
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Research and development firm Battelle is working on a new induced-seismicity study that aims to help wastewater disposal well operators in Ohio stay on the good side of state regulators. -
Following years of deliberation, the European Union (EU) released a recommendation on unconventional hydrocarbons and a related communication in 2014. This paper traces the origins and development of these documents, which provide vital clues for the road ahead in European shale-gas regulation.
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The list of the biggest gas plays in the US is being revised as the US Geological Survey creates new estimates based on additional drilling results and available rock samples. New at Number 2 is the Mancos Shale on the Western Slope of the Rockies with 66 Tcf in recoverable reserves.
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To do more with less, standardization and automation will be key. Application of techniques honed in other industries need to be evaluated as part of the path toward standardized approaches.
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Computational advances in reservoir simulation have made possible the simulation of thousands of reservoir cases in a practical time frame. This enables exhaustive exploration of subsurface uncertainty and development/depletion options.
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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 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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Reservoir-simulation-model inputs are numerous, and uncertainty is pervasive—before, during, and after development. With the pressure to deliver results quickly, how do we find the right balance?
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In upstream oil and gas, cloud computing is very immature because the industry has always been challenged by storage and computational capability. However, high-performance cloud computing may create an opportunity for smaller companies lacking infrastructure for scientific applications.
