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Where is the oil? How much is there? and What is the best strategy for recovery?

These are a few of the questions that we'll answer at the Making Money with Mature Fields - Geosciences Technology Workshop, October 5-6, 2016, Houston, TX. The goal of this workshop is to review mature fields and to identify the amount and nature of oil that can be recovered, and to evaluate competing strategies for economically producing the remaining reserves. In addition to looking closely at fields, we will review new and improved technologies that may help revitalize reservoirs and overcome problems such as low pressure, paraffin, corrosion, and more.

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The goal of this two-day workshop is to proactively create opportunities yourself and your company in a low price environment. You will learn how to bring value propositions to operators. Revitalize reservoirs for less than the cost of plugging and abandoning, paid for by increased production. Rethink reservoirs and push paradigm shifts that will result in breakthroughs.  We will discuss how to use these times to pilot new products and technologies and thus position innovative companies to boom when conditions improve. This event is for engineers, geologists, geophysicists, land professionals, and entrepreneurs.

*Please see our discounted rates for unemployed geoscientists, students and young professionals

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This brief article is a continuation of "U.S. Oil and Gas Plays that Work Now for the Small Independent or Small Consultant Team (Part I)"  which aims to provide sources of information that can be used to develop a list of candidates to acquire, and to target wells and fields that can be revitalized using new technologies and team-based approaches. Some of the areas are potentially a better fit for a medium-sized company with significant access to capital. Some areas are ideal for the small independent or consultant. 
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When the next email in your inbox may mean a journey through space and time to a completely different petroleum and/or depositional system than the one you were working yesterday you’ve become a regional geologist. This geoscience sub discipline isn’t so much a specialism as the playground for Jacks-of-all-trades. Not necessarily an expert in any given field, you need to know a little about everything and be able to integrate it all to answer for any given basin the question “Are we in or out?” So refresh that geochronology and boot up your Geographic Information System because it’s time to dig deep into corporate data stores, open a map document, and wave our geology hands, Exploration’s on the softphone and they want to know what blocks to pick up next!

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Long captivated by both the onshore and offshore possibilities in Colombia, operators are hoping to turn Caribbean potential into reality soon.

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The central Black Sea Basin of Turkey is filled by more than 9 km (6 mi) of Upper Triassic to Holocene sedimentary and volcanic rocks. The basin has a complex history, having evolved from a rift basin to an arc basin and finally having become a retroarc foreland basin. The Upper Triassic–Lower Jurassic Akgol and Lower Cretaceous Cağlayan Formations have a poor to good hydrocarbon source rock potential, and the middle Eocene Kusuri Formation has a limited hydrocarbon source rock potential. The basin has oil and gas seeps. Many large structures associated with extensional and compressional tectonics, which could be traps for hydrocarbon accumulations, exist.

Fifteen onshore and three offshore exploration wells were drilled in the central Black Sea Basin, but none of them had commercial quantities of hydrocarbons. The assessment of these drilling results suggests that many wells were drilled near the Ekinveren, Erikli, and Ballıfakı thrusts, where structures are complex and oil and gas seeps are common. Many wells were not drilled deep enough to test the potential carbonate and clastic reservoirs of the İnaltı and Cağlayan Formations because these intervals are locally buried by as much as 5 km (3 mi) of sedimentary and volcanic rocks. No wells have tested prospective structures in the north and east where the prospective İnalti and Cağlayan Formations are not as deeply buried. Untested hydrocarbons may exist in this area.

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When New York began its first state geological survey in 1836, seep petroleum was used in small quantities primarily for medicinal purposes.

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In January 1860, Lawrence, Kan., newspaperman George W. Brown, while visiting his hometown of Conneautville, Pa., was captured in the excitement of a new oil boom radiating from nearby Titusville.

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