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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As shale operators look for ways to survive amid the current downturn in oil prices, accelerating the refracturing of older horizontal wells is turning into one of the most attractive options.
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Although principal-component analysis (PCA) has been applied widely to reduce the number of parameters characterizing a reservoir, its disadvantages are well-recognized.
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As the role of reservoir-flow simulation increasingly affects existing operations and field-development decisions, it follows that rigor, fitness, and consistency should be imposed on the calibration of reservoir-flow models to dynamic data through history matching.
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Nowadays, there is a wealth of history-matching methods. As a result, we observe that it is becoming a common industrial practice to generate multiple history-matched models, even for fairly complex problems with thousands of uncertainty variables and a large amount of data.
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FEI is a maker of high-powered microscopes whose growth plan in exploration and production includes building a service company.
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For more than 50 years pressure transient tests have been used to model conventional reservoir properties in wells all over the world. In unconventional reservoirs, it was first assumed this kind of test could not be done; however, a sensitive pressure gauge technology makes it possible.
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SPE Distinguished Lecturer Joseph Frantz, Jr. says stakeholder opinions will shape the future of hydraulic fracturing.
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Hybrid steam/solvent processes have gained importance as a thermal-recovery process for heavy oils in recent years.
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An even temperature conformance along the length of the horizontal well is key in maximizing steam-assisted-gravity-drainage (SAGD) production rates.
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The process of risk and uncertainty reduction in unconventional-drilling operations starts with improving techniques for pore-pressure modeling.