Reservoir
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
A report commissioned by Havtil, the Norwegian Ocean Industry Authority, calls for better dialogue regarding pore-pressure uncertainty and higher-end drilling techniques like managed pressure drilling as methods to reduce the risk of well-control events.
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Researchers: Models Overstate Technology Impact, Understate Location Impact for Unconventional WellsTwo researchers at the MIT Energy Initiative have found that current modeling overestimates the impact of new technology on unconventional well productivity and underestimates that of increasingly targeting reservoir “sweet spots.”
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As well-developed shale plays and tight formations mature and decline in production, nontraditional strategies for maximizing production and discovering new resources must be considered.
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Nearly a decade after an SPE meeting in Bruges set industry-inspiring benchmarks for reservoir modeling, the time has come to overcome a new set of challenges.
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Conventional inflow-performance-relationship (IPR) models are used in coupled wellbore/reservoir transient simulations, even if bottomhole-pressure conditions are assumed to be constant on the derivation of such IPR models.
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Because of their heterogeneity, carbonate reservoirs are more difficult to model than clastic reservoirs. The main difficulty comes from the number of different pore types, compared with the typical interparticle pore type in clastics.
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This paper addresses the challenges in modeling highly unstable waterflooding, using both a conventional Darcy-type simulator and an adaptive dynamic prenetwork model, by comparing the simulated results with experimental data including saturation maps.
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Global emissions of CO2 resulting from the use of fossil fuels amount to approximately 35 billion tons/yr. How much of this can we capture? How much can we store or sequester? And, perhaps the most important question: How much will it cost and who will pay?
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This paper outlines the key issues that must be addressed from a regulatory perspective in regard to the development of an onshore unconventional-gas industry in the Northern Territory.
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In unconventional plays, comparing the effect of different completion designs or well-management strategies on well performance remains a challenge because of the relatively brief production history and lack of long-term field analogs of these plays.
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With multistage operations becoming the industry norm, operators need easily deployable diversion technologies that will protect previously stimulated perforations and enable addition of new ones. This paper reviews several aspects of the use of in-stage diversion.