|Theme||Visible||Selectable||Appearance||Zoom Range (now: 0)|
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. This paper applies a new constrained multiwell deconvolution algorithm to two field cases: a gas reservoir with two producers and an oil reservoir with three producers and one injector.
ConocoPhillips agreed to sell its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste for $360 million. The transaction is expected to close in the first quarter of 2019. The sale gives the government interest in the Woodside-operated Greater Sunrise liquefied natural gas (LNG) project that stalled because of the maritime border dispute between Timor-Leste and Australia. The fields were discovered in 1974 and hold gross contingent resources of 5.13 Tcf of gas and 225.9 million bbl of condensate, according to Woodside. Partners in the Sunrise LNG project will include the operator Woodside (33.44%), the Timor-Leste government (30%), Shell (26.56%), and Osaka Gas (10%).
John Etherington, a petroleum reserves champion and an SPE Distinguished Member, died 19 September. Eni appointed Claudio Descalzi, SPE, as CEO and general manager. Cline is the cofounder of Gaffney, C... Valery I. Graifer, SPE Honorary Member and a founding father of the Russian oil industry, died 24 Ap... Occidental Petroleum elected Stephen I. Chazen, SPE, chairman and CEO of Magnolia Oil and Gas Corp.,... Quality Companies appointed Derek Bollom as vice president of offshore and offsite operations for Qu... Shell announced that it will propose appointment of Andrew Mackenzie, SPE, as a nonexecutive directo... Clarence N. (Tom) Tinker, life member of SPE, and a geology evangelist died 11 March. Jim McGowin, SPE, was appointed vice president for North and South America at Tendeka. MGB Oilfield Solutions appointed Barry Ekstrand, SPE, as vice president of strategy and commercializ... Michael J. Fetkovich, SPE Distinguished Member and developer of the widely used Fetkovich type curve...
The Gazprom Management Committee and the governor of Russia's Irkutsk Oblast recently discussed ongoing and future cooperation. Gazprom is shaping the Irkutsk gas-production center on the basis of the Kovyktinskoye field, continuing to prepare the field to move from development to full-scale production. In 2018, the company constructed four exploratory wells and performed 3D seismic surveys covering 2460 km2. In 2019, Gazprom intends to prepare sites for production wells and to begin drilling. Gas feed from Kovyktinskoye into the Power of Siberia gas pipeline is planned for late 2022.
JPT Technology Minute Poll: To Which of the Top Five UN Sustainability Development Goals Do You Think the Oil and Gas Industry Will Contribute the Most? The papers identified in the article cover sustainable development of oil and gas resources in various aspects. Flaring and emissions challenges have recently made news headlines around the world. The goal of this article is to engage you with this important topic by presenting a selection of recent SPE papers which address these challenges through various approaches. Operators face a dilemma in balancing the need for mud weight (MW) to remain below the fracture gradient to avoid losses, while also providing sufficient density to block influxes into the well. JPT Technology Minute Poll: Which Technology Would You Choose for Offshore Compression?
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. More gas is flowing from Egyptian waters and the Eastern Mediterranean with BP’s launch of its Atoll Phase One project. Production of low-viscosity liquids, including condensates, from tight reservoirs such as shales is severely restricted by the ultralow permeability of such formations, limiting production to a very small fraction, usually less than 5%, of the liquids in place.
Africa (Sub-Sahara) Eni has begun production from the Vandumbu field and made a new oil discovery in the Afoxé exploration prospect in Block 15/06 offshore Angola. First oil from the Vandumbu field, through the N'Goma floating production, storage, and offloading vessel, was achieved in late November, 3 months ahead of schedule. Vandumbu is approximately 350 km northwest of Luanda and 130 km west of Soyo. This, along with the startup of a subsea multiphase boosting system in early December, boosts oil production from Block 15/06 by 20,000 B/D. The rampup of Vandumbu is expected to be completed in 1Q 2019. Block 15/06 is being developed by a joint venture formed by Eni (36.84%, operator), Sonangol (36.84%), and SSI Fifteen (26.32%). Asia Pacific Ophir Energy's Paus Biru-1 exploration well in the Sampang production-sharing contract (PSC) offshore Indonesia has resulted in a gas discovery.
The complete paper describes the development of, and summarizes the major changes and additions to, the Environmental Management in the Oil and Gas Industry guide. During the optimization process, the Castilla field became the model of management strategies for the rest of the fields in the company portfolio.
Africa (Sub-Sahara) Equatorial Guinea's Ministry of Mines and Hydrocarbons has notified Ophir Energy that it will not gain an extension for the offshore Block R license. Targeted production was approximately 330 MMcf/D, with a plateau of 30 years. Located approximately 140 km west of Bioko Island, the Fortuna project was to see development of six commercial discoveries in a phased manner. In November 2016, the British oil and gas company created a joint operating company with OneLNG to develop the floating LNG project at the Fortuna gas discovery. Asia Pacific Thailand's Department of Mineral Fuels (DMF) has awarded state oil company PTTEP production-sharing contracts for both the offshore G1/61 (Erawan) and G2/61 (Bongkot) projects.
Africa (Sub-Sahara) Total reported a natural-gas-condensate discovery on Block 11B/12B in the Outeniqua basin, 175 km offshore southern South Africa. The Brulpadda well encountered 57 m of net gas condensate pay in Lower Cretaceous reservoirs. Following success at the main objective, the well was deepened to a final depth of 3633 m. Partners are Qatar Petroleum with 25%, Canadian Natural Resources with 20%, and Main Street, a South African consortium, with 10%. Panoro has an 8.33% interest in the area. Operator is BW Energy with 91.67%. Asia Pacific Repsol and partners Petronas and Mitsui Oil Exploration (MOECO) made the largest gas find in Indonesia in 18 years with the Kaliberau Dalam (KBD) 2X well in South Sumatra.