|Theme||Visible||Selectable||Appearance||Zoom Range (now: 0)|
Its reward for years of struggling to adapt to low prices and weak demand for its oil and gas has been an epic crash. Canadians selling change say it is time to consider possibilities that seemed inconceivable in the past. So many unprecedented changes have occurred in the Canadian oil business that it is impossible to compare the current downturn to anything seen before. Steam-assisted gravity drainage (SAGD) performance in bitumen-recovery projects in Alberta is affected by geological deposits, reservoir quality, and operational experience. Although polymer flooding has become a promising enhanced oil recovery (EOR) technique, no field tests have been performed to date in Alaska’s underdeveloped heavy-oil reservoirs.
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. This paper presents technologies and best practices to improve oil recovery in mature fields through waterflooding optimization. These technologies have proved practical and cost-effective. This paper presents the implementation of an approach for improving oil recovery by water-injection optimization using injection-control devices (ICDs) in unconventional reservoirs.
Although polymer flooding has become a promising enhanced oil recovery (EOR) technique, no field tests have been performed to date in Alaska’s underdeveloped heavy-oil reservoirs. Initially, polymer flooding had not been considered as a viable enhanced-oil-recover (EOR) technology for Pelican Lake in northern Alberta, Canada, because of the high viscosity of the oil until it was considered in combination with horizontal wells.
GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good. The projects are designed to reduce technical risks in enhanced oil recovery and expand application of EOR methods in conventional and unconventional reservoirs. There is every reason to believe that enhanced oil recovery through huff-and-puff injections in US tight-oil plays could be a technical success across large numbers of wells. However, widespread economic success remains uncertain.
Greg Leveille said he is optimistic that the shale sector will be able to bounce back from its second downturn in 5 years. Phase 1 is expected to be operational in 2024. Leaders of Rystad Energy went online recently to talk about the effects of the coronavirus pandemic on the oil and gas industry, and the prognosis isn’t good. Concho Resources and Enverus say turning to automated software for tracking invoices could save the upstream business many millions of dollars. The time it takes for a shale producer to drill a well has been a major focus for the past decade.
The good news is 95% of the oil companies in Texas are expected to survive 2020, which means there is a lot of bad news to endure. Although oil prices were down on 8 June, the market is expected to see higher prices in response to the OPEC+ decision to continue production cuts. What Damage Is Wrought by the Rush to Shut In Wells? The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins. Autonomous Inflow Control Valve technology demonstrates significant benefits within first year.
What the industry needs at this stage is a willingness to work together, share best practices, conduct innovative research, and focus on disruptive technologies that lower cost of capture and make our operations more sustainable. The complete paper presents a large-scale work flow designed to take a vast amount of data into consideration. The work flow can be scaled for projects of any size, depending on the data available. Denbury Resources needs enhanced debt reduction. The company that does enhanced oil recovery using carbon dioxide it produces and transports has skipped a payment to creditors while it seeks a deal that would reduce its debts.
Despite the global downturn, the long-term transition to net zero presents a major opportunity to create new multibillion industries based around the North Sea. Cross-sector collaboration and major state/private sector intervention, together with strong leadership, will be key. Nearly everything’s on the table as companies aim to shore up portfolios by curtailing investments and dumping low-priority assets. An independent study pegged the cost of the project at about $2.6 billion, 80% of which Norway’s government planned to fund. The ministry said there is uncertainty about Northern Lights’ benefits and that it could prove to be unprofitable.
Carbon Capture and Sequestration (CCS) is a geologic and engineering enterprise designed to reduce atmospheric emissions of greenhouse gases (GHGs). Extensive research links the GHG concentration in the atmosphere to the observed change in global temperature patterns (IPCC, 2013; Cox et al., 2000; Parmesean and Yohe, 2003). CCS technology could play an important role in efforts to limit the global average temperature rise to below 2°C, by removing carbon dioxide originating from fossil fuel use in power generation and industrial plants.
This page pulls together technology-focused articles from various departments within JPT. The complete paper describes an operator’s experience in confirming glass fiber-reinforced epoxy (GRE) as an effective alternative to high-grade corrosion-resistant alloys (CRA) to extend tubing life in high-velocity gas wells. This paper presents novel approaches to carbon abatement using petroleum that have a strong chance to succeed in fulfilling technological and economic goals. The complete paper describes an advanced Rankine cycle process-based system that converts waste heat into usable electrical power to improve the efficiency of gas-compression stations on gas-production platforms and pipelines. Carbon dioxide (CO2) waterless fracturing uses liquid CO2 to replace water as the fracturing fluid in reservoir stimulation. The continuity and reliability of the blender are key factors determining performance of the operation. The complete paper discusses the use of cumulative production ratio curves normalized to a given reference volume in time for different unconventional plays in North America to investigate the median trend for each play and the median ultimate recovery per play. In the complete paper, the authors reduce nonuniqueness and ensure physically feasible results in multiwell deconvolution by incorporating constraints and knowledge to methodology already established in the literature. In the complete paper, the authors revisit fundamental concepts of reservoir simulation in unconventional reservoirs and summarize several examples that form part of an archive of lessons learned. In the complete paper, a novel hybrid approach is presented in which a physics-based nonlocal modeling framework is coupled with data-driven clustering techniques to provide a fast and accurate multiscale modeling of compartmentalized reservoirs. An opportunity now exists to further develop the way we solve problems by adopting agile work flows. Originating from software development in 2001, agile work flows will be a key part of driving the oil and gas industry to its next level of efficiency. What the industry needs at this stage is a willingness to work together, share best practices, conduct innovative research, and focus on disruptive technologies that lower cost of capture and make our operations more sustainable. The complete paper highlights examples of nonmetallic materials selection and qualification for upstream water-injection and producer and hydrocarbon wells and presents suggestions for future progress. The complete paper presents the results of evaluation of laboratory and demonstration trials of HDPE liner to mitigate premature failures and prolong the run life of production tubing.