Reservoir
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
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The complete paper describes the first successful implementation of natural dumpflooding offshore Malaysia as a case study to provide insight into the value of using the approach to maximize oil recovery in a mature field, particularly in a low-margin business climate. -
The enhanced-oil-recovery literature produced in the past several months was dominated by reservoir modeling and characterization; flood enhancements; machine learning; and, more notably, relative permeability estimation. This last one needs to be understood further.
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Malaysia’s national oil and company will employ the technology suite in secondary recovery and well stimulation. The deal follows the service provider’s recent agreements in the Middle East.
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SponsoredThermo Scientific e-Core Software is a unique, high-performance computing platform for the characterization of complex porous media. It focuses on the three essential components of Digital Rock Analysis: parallel computing, multiscale modeling, and process-based reconstruction of 3D volumes.
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The UK offshore Lancaster field was to prove that complex basement formations could be profitably developed. Instead, it is a reminder of how a long-term production test can drastically alter a reservoir model built upon years of exploration work.
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The complete paper outlines some of the challenges involved in late-life field management and how Reserves assessment may be affected.
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During the past decade, hundreds of unconventional oil and gas projects have failed to deliver the value sought by shareholders.
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Even without the black swan event of COVID-19, the industry must critically examine the technical, commercial, and operational bases of the projects it proposes and executes. A logical, reasonable, ethical, and philosophical approach is critical to underpin good decision making and value creation.
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In the complete paper, a philosophy for the future of EOR projects is developed through a series of questions that applies to the industry’s transition from completion of conventional EOR toward unconventional EOR.
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The UAE produced 4 million B/D this year and is looking to these newly discovered resources to reach 5 million B/D by 2030.
