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Collaborating Authors
Academy
This four-part webinar series will cover the reserves reporting regulations of the U.S. Securities & Exchange Commission. Each webinar is a 1-hour presentation followed by a live/recorded 30-minute Q&A session. This webinar is categorized under the Reservoir discipline. This module will review the major SEC definitions and will identify major contrasts with PRMS. This module will summarize major SEC reporting requirements.
academic engineering fellow, Academy, asset and portfolio management, cullen distinguished university chair, degolyer distinguished service medal, distinguished achievement, Engineering, faculty, holditch & associate, honorary life member award, john lee von gonten chair, north america government, petroleum engineering, petroleum engineering faculty, professor lee, reserves evaluation, reserves replacement, Reservoir Engineering Aspect, securities & exchange commission, spe online education, unconventional ga resource, united states government, Upstream Oil & Gas
Genre:
- Instructional Material > Online (1.00)
- Instructional Material > Course Syllabus & Notes (1.00)
Industry:
- Energy > Oil & Gas > Upstream (0.90)
- Government > Regional Government > North America Government > United States Government (0.78)
SPE Disciplines:
The DeGolyer Distinguished Service Medal recognizes distinguished service to SPE, the profession of engineering and geology, and to the petroleum industry. Everette Lee DeGolyer was born in a sod house near Greensburg, Kansas in 1886. During his career, he was the most renowned petroleum geologist in the world. He was a graduate of the University of Oklahoma and gained international fame in several fields of endeavor. As a 24-year-old college student, he became a field geologist for the Mexican Eagle Oil Company, Ltd., and move on to become geologist, chief geologist and consulting geologist for the firm.
Country:
- North America > United States > Oklahoma (0.28)
- North America > United States > Kansas (0.26)
SPE Disciplines: Reservoir Description and Dynamics > Reservoir Characterization > Seismic processing and interpretation (0.33)
No formal guidance on reserves definitions or reporting requirements has been issued by the SEC since 2013, and the majority of that guidance was actually provided in October 2009. Reserves filers have come to depend on public presentations by SEC staff members and on exchanges of "comment letters" issued by staff members in which the staff often identifies issues of current concern. Portions of these letter exchanges between staff and reserves filers are made available to the public. This module will present highlights of recent SEC staff presentations and of issues raised in comment letters. To purchase this course as part of the series, go to: SEC Reserves Reporting Regulations Series.
Industry:
- Law > Business Law (1.00)
- Government > Regional Government > North America Government > United States Government (1.00)
- Energy > Oil & Gas (1.00)
SPE Disciplines:
The SEC has issued guidance intended to clarify reserves definitions and reporting requirements in documents it calls "Compliance and Disclosure Interpretations," or C&DI. The SEC staff issued guidance in 2009 and in 2013, and we will explain the guidance in this module. To purchase this course as part of the series, go to: SEC Reserves Reporting Regulations Series. This webinar is categorized under the Reservoir discipline. Dr. Lee holds BS, MS and PhD degrees in chemical engineering from the Georgia Institute of Technology.
Genre:
- Instructional Material > Course Syllabus & Notes (0.60)
- Instructional Material > Online (0.40)
Industry:
- Government > Regional Government > North America Government > United States Government (0.67)
- Energy > Oil & Gas > Upstream (0.62)
SPE Disciplines:
As part of its reserves modernization effort in 2008, the SEC issued new requirements for reporting reserves in filings with the Commission. These reserves reporting requirements have no parallel in either PRMS or in pre-2008 SEC regulations. This module will summarize major SEC reporting requirements. To purchase this course as part of the series, go to: SEC Reserves Reporting Regulations Series. This webinar is categorized under the Reservoir discipline.
Genre:
- Instructional Material > Course Syllabus & Notes (0.60)
- Instructional Material > Online (0.40)
Industry:
- Law (1.00)
- Energy > Oil & Gas > Upstream (1.00)
- Government > Regional Government > North America Government > United States Government (0.81)
SPE Disciplines: Management > Asset and Portfolio Management > Reserves replacement, booking and auditing (1.00)
The SEC issued its latest definitions to be used as the basis for reserves filings in late 2008. These definitions are broadly similar to the definitions presented in the SPE Petroleum Resources Management System (PRMS), but differ in significant ways in a few instances. This module will review the major SEC definitions and will identify major contrasts with PRMS. To purchase this course as part of the series, go to: SEC Reserves Reporting Regulations Series. This webinar is categorized under the Reservoir discipline.
Genre:
- Instructional Material > Course Syllabus & Notes (0.60)
- Instructional Material > Online (0.40)
Industry:
- Energy > Oil & Gas > Upstream (0.61)
- Government > Regional Government > North America Government > United States Government (0.43)
SPE Disciplines:
ABSTRACT: This study presents a new approach to analyzing and visualizing the hydraulic fracture aquifer intersection risk as it has been applied through Australia's Geological and Bioregional Assessment program (Frery et al., 2020; Holland et al., 2020; Lewis et al., 2020). This approach combines probability bounds analysis (PBA) employed for hydraulic fracture risk analysis as detailed in Pandurangan et al. (2018) with spatial data of the basin geology. This new approach provides information of the potential for hydraulic fracture intersection of an overlying aquifer at a basin scale. The benefits of this approach include: rapid calculation, easy to understand results, scalable resolution for the analysis and the ability to handle uncertainty in the ranges and distributions of the input parameters. Results will be presented for the Cooper Basin in South Australia as analyzed in the GBA program showing how the potential of hydraulic fracture aquifer intersection with an overlying confined aquifer varies across the region. 1. Introduction Hydraulic fracture stimulation is commonly used to increase the productivity of petroleum wells. The technique works by injecting hydraulic fracturing fluid at enough pressure and flow rate to propagate hydraulic fractures into the reservoir. The created fractures effectively increase the permeability of the reservoir and ultimately the production from the well. Over the last decade, the potential environmental risks of hydraulic fracturing have been the focus of community concern and active investigation across industry, government and academic agencies (Kear and Kasperczyk, 2020). This heightened focus on the risks associated with hydraulic fracturing has led to a number of international inquiries into the potential risks associated with the unconventional gas industry (The Royal Society and The Royal Academy of Engineering, 2012; Cook et al., 2013; Atherton et al., 2014; Council of Canadian Academies, 2014; Hawke, 2014; Wright, 2014; USEPA, 2016; Hatton et al., 2018; Pepper et al., 2018).
Academy, aquifer, Artificial Intelligence, Australia, Cooper Basin, Geoscience Australia, hydraulic fracture, hydraulic fracturing, input parameter, kasperczyk, mechanical properties, nappamerri group aquitard, probability, prospective area, Reservoir Characterization, reservoir geomechanics, Risk analysis, risk and uncertainty assessment, risk management, spatial reasoning, Thickness, Upstream Oil & Gas, vertical extent
Industry:
- Energy > Oil & Gas > Upstream (1.00)
- Government > Regional Government > Oceania Government > Australia Government (0.31)
Oilfield Places:
- Oceania > Australia > South Australia > Cooper Basin (0.99)
- Oceania > Australia > Queensland > Cooper Basin (0.99)
- North America > United States > West Virginia > Appalachian Basin > Marcellus Field > Marcellus Shale Formation (0.98)
- (10 more...)
SPE Disciplines:
Technology: Information Technology > Artificial Intelligence > Representation & Reasoning > Spatial Reasoning (0.70)
Although degreed engineers are a small minority in the US military, many military officers are graduates of the service academies. Each of the five US military service academies [US Military Academy (Army), US Naval Academy (Navy and Marine Corps), US Coast Guard Academy, US Merchant Marine Academy, and US Air Force Academy] provides a broad curriculum with a strong focus on engineering. All those who attend these schools must take a series of math, science, and engineering courses that provide a strong technical foundation. Once military service graduates begin serving in the US armed forces, they often work with equipment that requires advanced technical competencies. For example, a navy surface warfare officer may be responsible for the engineering plant of a ship consisting of very large diesel engines, generators, and electronic auxiliary equipment.
Industry:
- Government > Regional Government > North America Government > United States Government (1.00)
- Government > Military (1.00)
SPE Disciplines: Management > Professionalism, Training, and Education > Personnel competence (0.67)
Siemens' Process Industries and Drives and Digital Factories divisions are teaming up with Bentley Systems' Bentley Institute to establish a Process Industries Academy that will support the companies' joint vision for cloud services and digital workflows in engineering and operations. The academy will help organizations to better understand and develop an effective digital strategy across all aspects of the asset life cycle, based on the practical experience and knowledge of the industry's leading experts. With recent fluctuations in the oil, gas, and global energy markets, and the subsequent impact on related process manufacturing sectors, established ways of working in the process industries are now being challenged across the entire project life cycle. Fewer capital investments in greenfield projects, and an increased focus on optimizing productivity, performance, and utilization of existing assets, have prompted the process industries to examine new ways to increase competitiveness and operating revenues. An optimal approach to project delivery and asset performance addresses the interactions and balance between an organization's capabilities, its people, the underlying business processes and methods, all coupled with the latest technology, to consistently improve its business outcomes.
SPE Disciplines:
Sedimentary model of the Upper Paleozoic deposits in the Karaton-Birlestik area (Russian)
Iskaziev, K. O. (National Company KazMunayGas JSC) | Almazov, D. O. (Gubkin University) | Savinova, L. A. (Gubkin University) | Lyapunov, U. V. (Gubkin University) | Bars, F. M. (Gubkin University) | Sivalneva, O. V. (Gubkin University)
The PDF file of this paper is in Russian. In the south-eastern part of the Caspian depression the Devonian-Carboniferous carbonate deposits contain proved commercial oil and gas reserves. The reservoirs are confined to the ancient carbonate platforms which had been developed on the high-amplitude structures of the Primorsky Uplift Zone such as Kashagan, Tengiz, Korolevskaya. An effective developing these reserves needs new discoveries as well as more detailed investigations of old fields. The sub-salt Carboniferous and Devonian deposits contain carbonate rocks of the isolated platform with the high variety of facies: biogenic build-ups, their edges (grainstones, boundstones), lagoons, slope, and deep basin (wackestones, packstones, mudstones). An integrated interpretation of the deep drilling data, 3D and regional 2D seismic survey allowed refining of the carbonate structure internal heterogeneity and the reef zones delineating in the Karaton-Birlestik Area. According to the seismic survey data the Upper Devonian carbonate structure is well distinguished high surrounded by the slopes. In the Visean-Bashkirian deposits a few high-amplitude reef structures (up to 300 m) are recognizable that might contain the traps for hydrocarbons. As concluded the reservoir properties forecast to be more precise, it is necessary to take the environments of deposition in consideration. These properties have a great variation depended on the facies zone belonging to. For example, the grainstones and boundstones of the build-up zones have the highest porosity and permeability values in the result of secondary alterations.
abilkhasimov kh, Academy, assessment, asset and portfolio management, boundstone, carbonate structure, Caspian Basin, karaton-birlestik area, Moscow, natural reservoir, natural science, neftegazonosnosti, prospect, Publ, reserves evaluation, reserves replacement, Reservoir Characterization, sedimentary model, upper paleozoic deposit, Upstream Oil & Gas
Geologic Time:
- Phanerozoic > Paleozoic > Devonian (1.00)
- Phanerozoic > Paleozoic > Carboniferous (0.89)
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