Reservoir
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
The authors write that deployment of artificial-intelligence-based high-gas/oil ratio well-control technology enabled stabilization of well performance and maintenance of optimal production conditions.
The paper describes the revalidation of a deepwater prospect that resulted in a no-drill decision.
-
When it comes to fracturing, experts argue about many things, but they agree that fractures do not look like lightning bolts, tree roots, or shattered glass. -
A new miniature pressure/temperature sensor comes packaged inside a tough small ball capable of traveling to the bottom of a well while drilling and returning with data on board.
-
A project to predict how much carbon dioxide injected into an oil field is likely to remain there forever set off the US Department of Energy (DOE) on a search for faster data analysis methods.
-
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.
-
Although principal-component analysis (PCA) has been applied widely to reduce the number of parameters characterizing a reservoir, its disadvantages are well-recognized.
-
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.
-
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.
-
FEI is a maker of high-powered microscopes whose growth plan in exploration and production includes building a service company.
-
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.
-
SPE Distinguished Lecturer Joseph Frantz, Jr. says stakeholder opinions will shape the future of hydraulic fracturing.
