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 bulk of the literature on enhanced oil recovery from the past year has been devoted to an improved understanding of trends started more than a decade ago with physical and numerical modeling. -
This paper updates a previous case study and presents the results of actual implementation of an optimized steam-injection plan based on the model framework.
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The objective of this study is to show how the capacitance-resistance model (CRM) was used on this field and how it validated the use of other independent methods. This paper demonstrates that integration of different sources of data in reservoir management is critical.
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Devon exits the asset that served as the company’s cornerstone for almost two decades and is known to the world as the birthplace of the shale revolution.
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Oil and gas extraction using water has opened up new hydrocarbon resources. However they can produce four times more salty water byproduct than oil. Desalination in shale gas and polymer-flood EOR remain niche markets for lowering cost and improving production.
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The report focuses on the effect of data analytics on reservoir engineering applications, more specifically the ability to characterize reservoir parameters, analyze and model reservoir behavior, and forecast performance to transform the decision-making process.
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Proved oil reserves totaled 43.8 billion bbl at yearend 2018 while proved gas reserves amounted to 504.5 Tcf, both topping records set in 2017, the US Energy Information Administration said.
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For the past 20 years, the diagnostic fracture injection test has been used across the frontlines of the shale revolution to paint a picture of what cannot be seen. However, that picture has not always been so clear in the eyes of subsurface engineers.
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Current efforts demonstrate that industry is undertaking responsible scientific, social, and environmental management.
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This paper presents a methodology that provides the upstream industry with a robust approach to petroleum inventory management.
