Technical Resource Potential Estimation Using Machine Learning and Optimization for the Delaware Basin

Hardikkumar Zalavadia, Yuxing Ben, Raquel Gordillo, Steven Lauver

Unconventional Resources Technology Conference (URTEC)

..., and well spacing. Type Curves have been used by operators that normalize these variables for benchmarking well performance and for the reserves booking...

Abstract: The Greater Angostura Development Project, Republic of Trinidad and Tobago: A Case Example of Successful Exploration and Fast-Track Development; #90213 (2015)

L. Bernstein, P. Marner, C. Noble, R. Widdowson, G. Becker, A. Willis, D. Mundy, and A. Thompson

Search and Discovery.com

... structural, depositional and diagenetic history leads to uncertainties in terms of reserves and production expectations. Estimates of reserves...

2D Vp modeling of the Albian-Cenomanian section using geological constraints, 3D extrapolation, and GRV uncertainty analysis of Aptian presalt reservoir: A Santos Basin example

Vitor Novellino, Alexandre Maul, María González, Fernando Freire

International Meeting for Applied Geoscience and Energy (IMAGE)

... risks, and minimizing unnecessary costs in any stage of the fields. Vp modeling plays as a vital step for the seismic migration, influencing...

Will Australian Liquefied Natural Gas Demand Soar under the 21st Annual Conference of the Parties (COP21) Targets?

Francois Tibi, Nicolas Reid, Whitney Skinner, Rob Grosvenor, Anthony Smith

Australian Petroleum Production & Exploration Association (APPEA) Journal

... investment decision (FID). This look at future supply–demand balance is informed by BCG’s analysis of global LNG supply, marginal production costs...

Direct Pore-Scale Modeling of Flow and Transport in Tight Formations

Saeed Ovaysi, Mohammad Piri

Unconventional Resources Technology Conference (URTEC)

... and reducing the uncertainties in reserves estimates and reservoir performance predictions. Therefore there is a significant need for an array...

Abstract: Interactive Visual Steering for Reservoir Geoscience and Engineering; #90174 (2014)

Ali Karami Moghadam, Nicole Sultanum, Zamir Martins Filho, Daniel N. Miranda-Filho, Hamidreza Hamdi, John Chen, and Mario Costa Sousa

Search and Discovery.com

... Summary As the scale, complexity and computational costs of reservoir simulations grow [1], reservoir engineers must be able to monitor the progress...

Depositional Facies Control on Reservoir Characteristics in the Middle and Lower Abu Roash GŽ Sandstones, Western Desert, Egypt - Presentation

Mark A. Pasley, Gabe Artigas, and Osama Nassef, and Joe Comisky

Search and Discovery.com

... and goals regarding Apache’s production, reserves, financings, acquisitions, exploration and exploitation prospects, energy prices, operating costs...

Beyond the Blue Horizon - A View from Two Perspectives: Technology and Thinking; #70204 (2015)

Steve Phelps

Search and Discovery.com

... and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking...

Onshore San Joaquin Basin and Temblor Range, California: New Insights into the Structural Framework and Exploration Potential of a Complex and Mature Fold and Thrust Belt; #10958 (2017)

Matteo Molinaro, Thomas Hauge, Sean O'Connor, Anthony Salem, Olga V. Kostenko, Steve Naruk

Search and Discovery.com

... that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual...

2020 Covid-19 Pandemic, Oil Market Crash, and Prospects for the Petroleum Industry

Rasoul Sorkhabi

Petroleum History Institute

... export revenues. Cheap oil helped filling oil storages and strategic reserves only briefly; its economic fallout for the industry was more damaging...

An Introduction to Financing Oil and Gas Projects in Emerging Markets - With Reference to Papua New Guinea

S. Mills

Papua New Guinea (PNG) Petroleum Convention Proceedings

... from its own resources or would additional debt be required? 2. Hydrocarbon Reserve Adequacy • Have the reserves been fully appraised for developm ent...

Model-Based Type Wells Reduce Uncertainty in Production Forecasting for Unconventional Wells

Arjun Ravikumar, W. John Lee

Unconventional Resources Technology Conference (URTEC)

... for the uncertainties in the model fit, the individual well scaling, and the spread of wells within the cluster. Finally, we obtain the P10, P50 and P90 production...

Choke Management - The Driver of Liquid Yield Trends in Shale Reservoirs

Yalda Barzin, Gregory J. Walker

Unconventional Resources Technology Conference (URTEC)

... to maximize revenue generation. URTeC 3722999 2 Statement of the Problem It is complicated for unconventional gas condensate wells to produce...

Exploration History and Random Drilling Models

H. W. Menard

Indonesian Petroleum Association

... on its stratigraphic and structural history. Thus it is not possible to predict the undiscovered reserves or the history of discovery of one large...

Improving Field Development Decisions in the Vaca Muerta Shale Formation by Efficient Integration of Data, AI, and Physics

Hector Klie, Arturo Klie, Adolfo Rodriguez, Jorge Monteagudo, Alejandro Primera, Maria Quesada

Unconventional Resources Technology Conference (URTEC)

... data acquisition, production analysis and forecasting for executing timely and reliable reserves and resource estimations will be an overarching theme...

Estimated Stored Heat in the Clarence-Moreton Basin, New South Wales: A Case Study in Reducing Uncertainties in Thermal Modelling

M. W. Haynes

Petroleum Exploration Society of Australia (PESA)

...Estimated Stored Heat in the Clarence-Moreton Basin, New South Wales: A Case Study in Reducing Uncertainties in Thermal Modelling M. W. Haynes...

Optimizing Value Across All Stages of the Asset Lifecycle through Collaborative Decision Quality

Ricardo Leal, Brian Thompson, Jose Dugarte, Elan Manoppo, Mark Woodward, Alexis Hansen, Leigh A. Childs, Bailey Stang

Unconventional Resources Technology Conference (URTEC)

... uncertainties are resolved is easy – it is hard to get it wrong; the decisionmaking process gets easier to implement, however, planning before...

Abstract: Predicting Reservoir Quality from Seismic Data „ Lessons from the Cakerawala Field Development, Malaysia-Thailand Joint Development Area (MTJDA), BlockAI8 (Paper 2)

Cathal Daly, Vichai Assavarittiprom

Geological Society of Malaysia (GSM)

... together with estimates of acoustic impedance derived from seismic data can be used to make predrill predictions of net pay sand. Two key uncertainties...

Reservoir Characterization and Performance Prediction for a Volcanic-Hosted Geothermal Reservoir: Darajat, Indonesia

Search and Discovery.com

The Donggi Gas Field Discovery – A Challenge for Pertamina for Finding and Developing New Hydrocarbon Reserves in the Future

Okti Barmi, Fahmi Urip, Eddy Purnomo

Indonesian Petroleum Association

...The Donggi Gas Field Discovery – A Challenge for Pertamina for Finding and Developing New Hydrocarbon Reserves in the Future Okti Barmi, Fahmi Urip...

Petroleum Industry Perspective: Mid-Year 2001; (Pete) Stark; Search and Discovery Article #10021 (2001)

Search and Discovery.com

Was That Last Project a "Near Miss" or "Miles Wide of the Target"?

Peter Adam, Lindawati Kusuma, Geodi Naim

Indonesian Petroleum Association

... sanction, as decision-makers fully understand the risks and uncertainties of each project. Fast and focused project look-backs. Projects whose outcomes fall...

Using the value of information to determine optimal well order in a sequential drilling program

Peter Cunningham, Steve Begg

AAPG Bulletin

... only on predicted drilling costs and production rates, wells closest to the platform would commonly be drilled before longer offset wells by virtue...

Abstract: Developing a Marginal Field Using New Techniques: South Monagas Unit, Venezuela

Thomas M. Skirvin, Andrew S. Mirkin, E. Sven Hagen, Rick A. McGee, Paul D. Hinrich, and Pedro A. Medina

Houston Geological Society Bulletin

... vertical, 17 deviated, and 37 horizontal wells. Initial uncertainties about heavy oil treatment capability, water and gas production, oil flow rates...

Abstract: The Geophysical Impact of Salt in the Enchilada Area, N.E. Garden Banks

R. Detomo, Jr., C. D. Lee, R. D. Garner, R. A. Lawson, R. W. A. Roeterink, and B. A. Robison

Houston Geological Society Bulletin

... to 1,500 ft.), approximately 200 miles southwest of New Orleans. Primary recoverable reserves for the Enchilada project include volumes from a historic...