Crude Oil Spikes More Than 3 Percent after Iran Fires Missiles at Israel - 02 October, 2024 07:30 AM
Hess Denies Oil Price Maneuvers by CEO - 02 October, 2024 07:30 AM
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TotalEnergies, APA Greenlight $10.5 Billion Oil and Gas Project in Suriname - 02 October, 2024 07:30 AM
Middle East Nation Offers Promising Offshore Oil and Gas Exploration Block - 02 October, 2024 07:30 AM
The need for helium is growing and supplies in the United States are dwindling, creating an economic opportunity for geoscientists whose knowledge and skills are ideal for this niche industry. In Arizona, known for its helium-rich formations, a growing number of companies are leasing land and drilling for the gas.
The idea of an oil-finding instrument was not new. Water dowsers were common throughout the United States and among most people of European descent worldwide, and they were quickly adapted to looking for oil. Soon after the Drake well in 1859, people started working on inventions to detect oil by geophysical methods.
“We’re probably at least 10 times larger. I mean, it just dwarfs any other project in North America.” That’s Vincent Ramirez, CEO of 3PL Operating, Inc., talking about a large and valuable lithium discovery his company has made in Railroad Valley, Nev. As lithium will play a vital role in the world’s changing energy landscape, generally, and because much of the known lithium deposits are in Chile, Australia, Argentina and China, specifically, 3PL’s find in central Nevada is potentially a very big deal.
This year’s International Meeting for Applied Geoscience and Energy, beginning August 28 in Houston, doesn’t have a single, overarching theme. But one concept keeps popping up again and again: Innovation. AAPG and the Society of Exploration Geophysicists, in conjunction with SEPM, are hosts for the second annual IMAGE meeting. It’s designed as a broad-interest event, with 30 key topic areas ranging – alphabetically – from acquisition and survey design to structure, tectonics and geomechanics. As an AAPG/SEG-sponsored event, IMAGE will include several sessions related to geological analysis, imaging and interpretation.
With the price of oil hovering well over $100 a barrel, some in the industry are exploring ways to revisit conventional oilfields using technology that emerged during the unconventional oil boom, with a goal of earning a rapid return on investment while prices remain favorable.
Global events of recent years have driven the oil and gas industry to make major changes to its workforce and operations, and the professional and scientific associations that serve the industry have had to evolve and adapt to accommodate those changes, particularly with regard to the programs they offer. The Imperial Barrel Award competition is no exception. An AAPG staple since 2007 and one of the Association’s most prestigious and visible programs, the IBA has undergone multiple changes during the past two years.
After the past year as president of the Division of Environmental Geosciences, my three big takeaways are that the world needs energy, all forms of energy are in transition, and geoscientists are needed to explore for and develop energy – now and in the future. In every future energy scenario, oil and gas will be needed for decades at various levels to contribute to the global energy mix.
The small town of Cunningham, Kansas lies about 65 miles straight west of Wichita on U.S. Highway 54. It was incorporated in 1887 as a commercial center for farmers and ranchers in that part of south-central Kansas. Hard winter wheat was the main cash crop, while herds of beef and dairy cattle were a close second source of income. This activity characterized the culture of Cunningham into the early years of the 20th century. That is, until a new industry was introduced to Kansas when, in 1915, oil was discovered in the El Dorado field northeast of Wichita.
The challenges in acquiring quality laboratory flow measurements in very low-permeability reservoir rock samples has furthered the development of image-based rock physics simulations of multiphase transport properties. The concept of “digital rocks” originated 50 years ago and has become more widespread recently with advances in imaging technology, computing power and robust algorithms for representing complex multiphase flow behavior at the pore scale. Simulation results based on high-resolution images have the dual role of complementing laboratory measurements on conventional reservoirs and acting as a stand-alone predictive tool for unconventional reservoirs where the very low permeability values limit what can be measured in the laboratory.
Phase decomposition is an interesting technique that can decompose a composite seismic signal into different phase components, and which in turn can help with the characterization of thin target sandstone or carbonate reservoirs. Here we discuss the application of phase decomposition as a reservoir management tool, with the odd phase component (sum of plus 90 degrees and minus 90 degrees phase components) showing better correlation with the wells that control the injection and withdrawal of a natural gas storage reservoir in Denmark.
This presentation describes a proven workflow that uses a standard narrow azimuth 3D seismic, conventional logs, image logs and core data to build five key reservoir properties required for an optimal development of shale plays.
This e-symposium presentation places the interpretation of deep-water turbidites discernible in 3-D seismic inversion data within a geological context.
Thulisile Sopete explores the sedimentary evolution of the Pletmos Basin. The Pletmos Basin is a sub-basin of the greater Outeniqua Basin, is located off the south coast of South Africa and is bounded by the Bredasdorp Basin to the west, the Gamtoos Basin to the east and the Southern Outeniqua Basin to the south. The approach applied in the analysis for this study was based on five selected seismic transects which were interpreted using seismic stratigraphy. These interpretations were incorporated along with composite logs analysis for their respective wells to provide the framework in understanding how the Pletmos Basin evolved sedimentologically.
Gas hydrates, ice-like substances composed of water and gas molecules (methane, ethane, propane, etc.), occur in permafrost areas and in deep water marine environments.
Unger Field, discovered in1955, has produced 8.6 million barrels of oil from a thinly (several ft) bedded, locally cherty dolomite containing vuggy and intercrystalline porosity.
Salt welds form due to salt thinning by mechanical (e.g., salt-flow) and/or chemical (e.g., salt-dissolution) processes. This webinar explores how we use 3-D seismic reflection, borehole, and biostratigraphic data to constrain the thickness and composition of salt welds, and to test the predictions of analytical models for salt welding.
This course can help you gain the ability to describe the complex and highly variable reservoirs, which are typified by complex internal heterogeneity.
This course is ideal for individuals involved in Midland Basin exploration and development. Successful development of Wolfcamp shale oil relies on complex inter-relationships (ultimately interdependencies) within and between a wide variety of scientific disciplines, financial entities, and company partnerships.
This e-symposium will be introducing signal processing techniques as a means to maximize extracting geomechanical data from petrophysical logs.
The presentation describes a well established fracture modeling workflow that uses a standard 3D seismic, conventional logs, image logs and data from one core to build predictive 3D fracture models that are validated with blind wells.
While there are many habitats that are associated with the deposition of organic-rich marine and lacustrine source rocks, one important pathway is linked to the onset of increased basin subsidence associated with major tectonic events. A key aspect is that this subsidence is spatially variable, with the uplift of basin flanks contemporaneous with the foundering of the basin center, resulting in a steeper basin profile.
Request a visit from Kurt W. Rudolph!
Engineering of wind farms, development of carbon sequestration projects in shelfal waters, the proliferation of communication cables that connect the world, all of these things suggest that it is time to re-examine what we know about shelf processes both updip-to-downdip and along shoreline, and the influence of shelf processes on erosion and transport of sediments.
Request a visit from Lesli Wood!
The Energy sector is a changing business environment. Throughout the 20th century fluctuations of oil supply and demand produced changes in the barrel price that pushed the growth or shrinkage of the industry. In this 21st century, new challenges such as diversification of the energy mix, boosting gas demand, require the exploration of critical minerals and development of new technologies as well.
Request a visit from Fernanda Raggio!
As oil and gas exploration and production occur in deeper basins and more complex geologic settings, accurate characterization and modeling of reservoirs to improve estimated ultimate recovery (EUR) prediction, optimize well placement and maximize recovery become paramount. Existing technologies for reservoir characterization and modeling have proven inadequate for delivering detailed 3D predictions of reservoir architecture, connectivity and rock quality at scales that impact subsurface flow patterns and reservoir performance. Because of the gap between the geophysical and geologic data available (seismic, well logs, cores) and the data needed to model rock heterogeneities at the reservoir scale, constraints from external analog systems are needed. Existing stratigraphic concepts and deposition models are mostly empirical and seldom provide quantitative constraints on fine-scale reservoir heterogeneity. Current reservoir modeling tools are challenged to accurately replicate complex, nonstationary, rock heterogeneity patterns that control connectivity, such as shale layers that serve as flow baffles and barriers.
Request a visit from Tao Sun!
Three-dimensional (3D) seismic-reflection surveys provide one of the most important data types for understanding subsurface depositional systems. Quantitative analysis is commonly restricted to geophysical interpretation of elastic properties of rocks in the subsurface. Wide availability of 3D seismic-reflection data and integration provide opportunities for quantitative analysis of subsurface stratigraphic sequences. Here, we integrate traditional seismic-stratigraphic interpretation with quantitative geomorphologic analysis and numerical modeling to explore new insights into submarine-channel evolution.
Request a visit from Jacob Covault!
The carbonate sequences that were deposited in the now exhumed Tethyan Ocean influence many aspects of our lives today, either by supplying the energy that warms our homes and the fuel that powers our cars or providing the stunning landscapes for both winter and summer vacations. They also represent some of the most intensely studied rock formations in the world and have provided geoscientists with a fascinating insight into the turbulent nature of 250 Million years of Earth’s history. By combining studies from the full range of geoscience disciplines this presentation will trace the development of these carbonate sequences from their initial formation on the margins of large ancient continental masses to their present day locations in and around the Greater Mediterranean and Near East region. The first order control on growth patterns and carbonate platform development by the regional plate-tectonic setting, underlying basin architecture and fluctuations in sea level will be illustrated. The organisms that contribute to sequence development will be revealed to be treasure troves of forensic information. Finally, these rock sequences will be shown to contain all the ingredients necessary to form and retain hydrocarbons and the manner in which major post-depositional tectonic events led to the formation of some of the largest hydrocarbon accumulations in the world will be demonstrated.
Request a visit from Keith Gerdes!
President Biden has laid out a bold and ambitious goal of achieving net-zero carbon emissions in the United States by 2050. The pathway to that target includes cutting total greenhouse gas emissions in half by 2030 and eliminating them entirely from the nation’s electricity sector by 2035. The Office of Fossil Energy and Carbon Management will play an important role in the transition to net-zero carbon emissions by reducing the environmental impacts of fossil energy production and use – and helping decarbonize other hard-to abate sectors.
Request a visit from Jennifer Wilcox!
Production from unconventional petroleum reservoirs includes petroleum from shale, coal, tight-sand and oil-sand. These reservoirs contain enormous quantities of oil and natural gas but pose a technology challenge to both geoscientists and engineers to produce economically on a commercial scale. These reservoirs store large volumes and are widely distributed at different stratigraphic levels and basin types, offering long-term potential for energy supply. Most of these reservoirs are low permeability and porosity that need enhancement with hydraulic fracture stimulation to maximize fluid drainage. Production from these reservoirs is increasing with continued advancement in geological characterization techniques and technology for well drilling, logging, and completion with drainage enhancement. Currently, Australia, Argentina, Canada, Egypt, USA, and Venezuela are producing natural gas from low permeability reservoirs: tight-sand, shale, and coal (CBM). Canada, Russia, USA, and Venezuela are producing heavy oil from oilsand. USA is leading the development of techniques for exploring, and technology for exploiting unconventional gas resources, which can help to develop potential gas-bearing shales of Thailand. The main focus is on source-reservoir-seal shale petroleum plays. In these tight rocks petroleum resides in the micro-pores as well as adsorbed on and in the organics. Shale has very low matrix permeability (nano-darcies) and has highly layered formations with differences in vertical and horizontal properties, vertically non-homogeneous and horizontally anisotropic with complicate natural fractures. Understanding the rocks is critical in selecting fluid drainage enhancement mechanisms; rock properties such as where shale is clay or silica rich, clay types and maturation , kerogen type and maturation, permeability, porosity, and saturation. Most of these plays require horizontal development with large numbers of wells that require an understanding of formation structure, setting and reservoir character and its lateral extension. The quality of shale-gas resources depend on thickness of net pay (>100 m), adequate porosity (>2%), high reservoir pressure (ideally overpressure), high thermal maturity (>1.5% Ro), high organic richness (>2% TOC), low in clay (<50%), high in brittle minerals (quartz, carbonates, feldspars), and favourable in-situ stress. During the past decade, unconventional shale and tight-sand gas plays have become an important supply of natural gas in the US, and now in shale oil as well. As a consequence, interest to assess and explore these plays is rapidly spreading worldwide. The high production potential of shale petroleum resources has contributed to a comparably favourable outlook for increased future petroleum supplies globally. Application of 2D and 3D seismic for defining reservoirs and micro seismic for monitoring fracturing, measuring rock properties downhole (borehole imaging) and in laboratory (mineralogy, porosity, permeability), horizontal drilling (downhole GPS), and hydraulic fracture stimulation (cross-linked gel, slick-water, nitrogen or nitrogen foam) is key in improving production from these huge resources with low productivity factors.
Request a visit from Ameed Ghori!
Subsurface risk and uncertainty are recognized as very important considerations in petroleum geoscience. And even when volume estimates are relatively accurate, the reservoir characteristics that determine well placement and performance can remain highly uncertain. In analyzing results and work practices, three aspects of uncertainty are reviewed here.
Physics is an essential component of geophysics but there is much that physics cannot know or address.
Request a visit from John Castagna!
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