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SPE's Management and Information Discipline Split to Address Growing Needs In September 2019, the SPE Board approved important changes to the Management and Information technical discipline. Management is now a separate discipline. Information has been refocused and renamed Data Science and Engineering Analytics. The board agrees this change is necessary to remain relevant and recognize the importance of digital transformation among our members' responsibilities and the industry as a whole. Please take a moment to update your discipline.
The cement industry is exploring carbon capture technology to reduce its carbon footprint. GHGSat announced a new service for visualizing greenhouse-gas emissions. The interactive online resource will be freely available and will be formally launched during COP26 in November. The pilot used sensor technology originally deployed by NASA for the Mars Curiosity Rover to collect methane emissions data live-streamed from a drone. BP said it plans to deploy the technology to all of its North Sea assets, including ETAP and Glen Lyon, in 2020.
Estimates derived under these definitions rely on the integrity, skill, and judgement of the evaluator and are affected by the geological complexity, stage of exploration or development, degree of depletion of the reservoirs, and amount of available data. Use of the definitions should sharpen the distinction between various classifications and provide more consistent resources reporting. The resource classification system is summarized in Figure 1 and the relevant definitions are given below. Elsewhere, resources have been defined as including all quantities of petroleum which are estimated to be initially-in-place; however, some users consider only the estimated recoverable portion to constitute a resource. In these definitions, the quantities estimated to be initially-in-place are defined as Total Petroleum-initially-in-place, Discovered Petroleum-initially-in-place and Undiscovered Petroleum-initiallyin- place, and the recoverable portions are defined separately as Reserves, Contingent Resources and Prospective Resources.
Petroleum1 is the world's major source of energy and is a key factor in the continued development of world economies. It is essential for future planning that governments and industry have a clear assessment of the quantities of petroleum available for production and quantities which are anticipated to become available within a practical time frame through additional field development, technological advances, or exploration.
Total dissolved solids in a quantity of liquid. Mineral material suspended or dissolved in solution which passes a standard glass filter and 0.45 1-1m filter and does not evaporate below 180 C. TDS is generally used as a gross indicator of the mass of dissolved salts in a solution, but the analytical method is subject to interferences from colloidal material. Total dissolved solids in a quantity of liquid. Mineral material suspended or dissolved in solution which passes a standard glass filter and 0.45 1-1m filter and does not evaporate below 180 C. TDS is generally used as a gross indicator of the mass of dissolved salts in a solution, but the analytical method is subject to interferences from colloidal material.
SPE Journal includes fundamental research papers on all aspects of engineering for oil and gas exploration and production. SPE Reservoir Evaluation & Engineering covers a wide range of topics, including reservoir characterization, geology and geophysics, core analysis, well logging, well testing, reservoir management, EOR, fluid mechanics, performance prediction, and reservoir simulation. Low-Energy Processes for Unconventional Oil Recovery addresses reservoir engineering, low-energy recovery processes, and resource access challenges for abundant unconventional oil. This includes bitumen, shale, heavy, and viscous oil. View sample pages and order your copy today!
Equal to P1. Glossary of Petroleum Resources Management System - June 2018 (revised version) The process (and associated costs) of returning part or all of a project to a safe and environmentally compliant condition when operations cease. Examples include, but are not limited to, the removal of surface facilities, wellbore plugging procedures, and environmental remediation. In some instances, there may be salvage value associated with the equipment removed from the project. ADR costs are presumed to be without consideration of any salvage value, unless presented as "ADR net of salvage." Arithmetic summation of incremental categories may yield different results from probabilistic aggregation of distributions. Method used in resources estimation in the exploration and early development stages (including improved recovery projects) when direct measurement is limited. Based on evaluator's assessment of similarities of the analogous reservoir(s) together with the development plan.
This chapter describes the use of a reserves estimate to prepare an economic evaluation and perhaps then place a value on the reserves. This chapter often refers to a document titled Perspectives on the Fair Market Value of Oil and Gas Interests published by the Society of Petroleum Evaluation Engineers (SPEE) in the spring of 2002. In this chapter, that document is referred to as the SPEE FMV document. To value reserves, the nature of the ownership must be considered. Reserves ownership is usually derived from contractual agreements that specify the obligations of the parties to those agreements for the payment of costs and the sharing of revenues. These agreements often include specific commitment obligations such as the drilling of wells. A common arrangement for such contracts is the oil and gas lease. Another common contractual structure is the production-sharing arrangement. Appendix A, which describes common types of oil and gas property interests, is from the SPEE FMV ...
This glossary was created through discussions among the steering committee for the SPE Global Integrated Workshop Series (GIWS) on Production Forecasting. Some definitions were not contested at all, others generated fierce discussions. The contract quantity is the contractually agreed volumes and limits: predefined (annual) volume of natural gas on contract level. A factor applied to forecasts to take into account the fact that a Production System will not always operate at 100% of its capacity. Available But Not Required, that part of the IPSC that is available for production but not produced because of low off-take demand.
Many general petroleum engineering texts have sections covering the measurement of phase behavior or pressure/volume/temperature (PVT) analysis, but few have detailed descriptions of fluid-sampling practices. This chapter covers the sampling of all produced reservoir fluids. It is intended to provide an overview of sampling methods, guidelines for selecting suitable methods, and detailed procedures for the most common practices. An enormous range of reservoir fluids exists, and this means that the limited measurements of produced oil and gas properties that can be made in the field are far from adequate to provide the detailed characterization that modern petroleum engineering requires. In addition to PVT analysis, of fundamental importance to reservoir management, measurements relating to corrosion potential, solids formation, and nonhydrocarbon constituents have the potential to produce serious effects on the design of production facilities, on compatibility with pipeline transport, on product sales value, on refinery maintenance costs, and on reservoir asset values in general. The lack of such data could easily represent more risk than that tolerated when the decision to perform sampling and laboratory studies is taken. Examples of the financial impact of errors in fluid-property measurements are given elsewhere. Fluid samples are thus required to enable advanced physical and chemical analyses to be carried out in specialized laboratories. Samples must be collected from a wide range of locations, including separators, pipelines, tanks, wellbores, and the formation itself. This chapter primarily targets the sampling of fluids under pressures above atmospheric, where numerous tools and procedures have been developed that are essentially specific to the petroleum industry. Best practices are proposed for fluid sampling, reporting of data, and quality control of samples. Reservoir-fluid-property measurements derive from a complicated series of processes relying both on the operation of equipment and the performance of people, so the scope for errors is very significant. The overriding challenge in fluid sampling is that of ensuring that the fluid entering the sample container is representative of the bulk fluid being sampled. It is equally important that the sample remains representative during handling and storage, until all required measurements have been completed. Although thorough sample-checking procedures can identify some of the most obvious problems, there is never absolute certainty that the fluid under study is truly representative of the reservoir fluid.