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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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Jointly organized by the Society of Petroleum Engineers (SPE), the American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG), URTeC connects the key technical and business professionals deciding where, how and when plays will be developed and wells drilled every day. It’s the only event leveraging expertise from all technical backgrounds and focusing on the asset team approach to successful field development.

URTeC Delivers...

  • One of the industry's most interactive networking forums for companies across all segments of the unconventional market
  • An unmatched, integrated audience of qualified decision makers with whom to build new business relationships with and generate leads
  • A platform for showcasing your products, technologies and solutions with almost 150 exhibiting companies
  • A superior quality science and technology event attended by 3,500 colleagues on average
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Come for the GTW "Making Money with Mature Fields", and stay for a short course; either "The Petroleum Geochemistry Toolkit for Petroleum Exploration and Development" or "Carbonate Depositional Systems".  All three will explore new and innovative technologies and ideas to lend increased business opportunities now and into the future.

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The 2016 Halbouty Lecture series presentation by Tim Dodson, executive vice president of Statoil ASA, will focus on Statoil’s high impact Bay du Nord discovery in the deepwater Flemish Pass Basin in 2013.

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The "New Thinking and Value Propositions in Exploration and Production: ProActive Steps Now" GTW Workshop was an excellent opportunity to knowledge share in a time of low price environments every where.   

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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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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.

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Here are areas of often-overlooked opportunities that could be a perfect fit for the small independent or new team of independent geoscientists / engineers / landmen / petroleum accountants.  This article, which is excerpted from a larger study, is not intended to be all-inclusive, but is a starting point.
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In-Person Training
Houston Texas United States 23 August, 2016 25 August, 2016 13607 Desktop /Portals/0/PackFlashItemImages/WebReady/sc-basic-petroleum-geology-for-the-non-geologist.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Structure, Geochemistry and Basin Modeling, Sedimentology and Stratigraphy, Geophysics, Engineering, Petrophysics and Well Logs, Basin Modeling, Source Rock, Petroleum Systems, Production
 
Houston, Texas, United States
23-25 August 2016

Here is an introduction to the tools and techniques that geologists and geophysicists use to locate gas and oil, that drillers use to drill the wells and that petroleum engineers use to test and complete the wells and produce the gas and oil. Exercises throughout the course provide practical experience in well log correlation, contouring, interpretation of surface and subsurface, contoured maps, seismic interpretation, well log interpretation, and decline curve analysis.

Houston Texas United States 03 October, 2016 04 October, 2016 30929 Desktop /Portals/0/PackFlashItemImages/WebReady/the-petroleum-geochemistry-toolkit-for-petroleum-exploration-and-development-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Geochemistry and Basin Modeling, Petroleum Systems, Source Rock, Sedimentology and Stratigraphy, Carbonates, Oil and Gas Analysis
 
Houston, Texas, United States
3-4 October 2016
This course will provide sufficient background to better understand basic principles of petroleum geochemistry, how best to use geochemistry in their exploration or development study area, determine the limitations of geochemical data/interpretation, and types of samples and analysis required to evaluate a basin, region, play, or well. 
Houston Texas United States 06 December, 2016 08 December, 2016 13606 Desktop /Portals/0/PackFlashItemImages/WebReady/sc-basic-petroleum-geology-for-the-non-geologist.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Structure, Geochemistry and Basin Modeling, Sedimentology and Stratigraphy, Geophysics, Engineering, Petrophysics and Well Logs, Basin Modeling, Source Rock, Petroleum Systems, Production
 
Houston, Texas, United States
6-8 December 2016

Here is an introduction to the tools and techniques that geologists and geophysicists use to locate gas and oil, that drillers use to drill the wells and that petroleum engineers use to test and complete the wells and produce the gas and oil. Exercises throughout the course provide practical experience in well log correlation, contouring, interpretation of surface and subsurface, contoured maps, seismic interpretation, well log interpretation, and decline curve analysis.

Online Training
28 April, 2011 28 April, 2011 1471 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-niobrara-petroleum-system-a-major-tight-resource-play.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
28 April 2011

The Niobrara Petroleum System of the U.S. Rocky Mountain Region is a major tight petroleum resource play.

09 December, 2010 09 December, 2010 1466 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-bakken-petroleum-system-of-the-williston-basin.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
9 December 2010

The Mississippian-Devonian Bakken Petroleum System of the Williston Basin is characterized by low-porosity and permeability reservoirs, organic-rich source rocks, and regional hydrocarbon charge.

14 February, 3000 14 February, 3000 7817 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-generic-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 

Petroleum Systems

Petroleum Systems
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